LYC 0.00% $6.74 lynas rare earths limited

Today's chart & trading, page-1847

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    https://www.smartkarma.com/home/daily-briefs/australia/brief-australia-lynas-between-a-hard-place-and-just-rock-and-more/
    On further reading I would like to comment on this sentence in the article:
    "Arguably the radiation of this waste is low – and further backed up in this IAEA report (page 20) – but the reality is, if so low, why not process in Australia in the first place?"
    There were many reasons:
    In Malaysia water is plentiful although there were problems with supply last year.
    Labour is cheaper in Malaysia and Lynas was able to pay employees at the LAMP a very good salary.
    Electricity is cheaper in Malaysia.
    Lynas' customer base is closer to Malaysia.
    In my research of Lynas history I have never read anywhere that Australia has refused Lynas on the grounds of the radioactivity of materials.
    Thank you again Goldrain for your contribution.




 
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Last
$6.74
Change
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Mkt cap ! $6.300B
Open High Low Value Volume
$6.72 $6.80 $6.66 $14.09M 2.093M

Buyers (Bids)

No. Vol. Price($)
1 7791 $6.73
 

Sellers (Offers)

Price($) Vol. No.
$6.75 13142 6
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Last trade - 16.10pm 05/09/2024 (20 minute delay) ?
LYC (ASX) Chart
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