NTU 9.52% 1.9¢ northern minerals limited

sumitomo, page-21

  1. 19,586 Posts.
    lightbulb Created with Sketch. 4974
    Is this now stand up comedy to fill the void?

    "Japan's industries need 500 tonnes to 600 tonnes of dysprosium per year"

    Japan has <10% of magnet market, major end mkt for Dy.

    General consensus for annual Dy demand circa 1600tpa, PRIOR price driven demand destruction & thrifting.

    Very best case scenario Japanese (country) Dy demand 160tpa.

    Even that is a little hard to reconcile with hero Dudley's (iconic pic below) forecast of a 2016 OVERSUPPLY of Dy 850t vs 1000t.

    Ah good ol' Kazakhstan, if it's good enough for Borat, it's good enough for me, lol.

 
watchlist Created with Sketch. Add NTU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.