LYC lynas rare earths limited

Update the worlds largest source of uranium a state owned mine...

  1. 2,471 Posts.
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    Update the worlds largest source of uranium a state owned mine is having production difficulties supplying 40% of global supply and is tempering 2024 production. As a result Canadian uranium and US uranium producer shares rose approx 10%. Not sure what rest of world is doing supporting Russia but strikes me as a similar situation to China and Lynas if China production curtailed or if Lynas was not there as a counterweight price would quickly rise. China controls 80% of global REE so we have no alternative same as uranium.
 
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