LYC 2.73% $6.40 lynas rare earths limited

the sky has no limit now...

  1. 249 Posts.
    This has probably already been posted, so my apologies for any duplication etc., I just never realised until I read this article, the true effect of China's control of the rare earth market, I knew they were restricting exports, but things are starting to get serious re the global shortage of rare earths.

    Lynas is tipped to be the first to start producing, anywhere, in the world, and if countries start stockpiling as the article suggests, Lynas probably won't have the resources to be able to fill 'all' the orders as they are coming in ha ha ha...Food for thought, just my opinion, thought I'd share it...Blue Sky??? I can't even see the sky anymore with this company ha ha : )...cha ching $$$

    http://www.businessday.com.au/business/china-shows-its-mettle-over-rare-earth-supplies-20101001-16136.html
 
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