VMM 3.03% $1.60 viridis mining and minerals limited

You are correct. The Top 31. Magnets of all kinds (not...

  1. 157 Posts.
    lightbulb Created with Sketch. 180
    You are correct. The Top 3
    1. Magnets of all kinds (not necessarily for EV's) hold about 30% of the market demand for REE.
    neodymium and praseodymium are used in high-power magnets; dysprosium, samarium, and terbium in high-temperature magnets and holmium is used in very-high-power magnets
    neodymium magnets made from neodymium, boron and iron (neo magnets) - wind turbines, EV's, MRI (big growth here)
    Samarium-cobalt magnets - military applications..can handle high temp and unaffected by EM pulses.

    2. Catalysts - cerium and lanthanum. Petroleum refining, catalytic converters. About 25-26% of the demand.
    3. Glass, Advanced Ceramics, Polishing. - lanthanum, erbium, ytterbium, neodymium, cerium oxide

    Then you got battery (renewable energy storage), medical tech (Gadolinium), superconductor/semiconductor, consumer electronics, defence/aerospace, lighting and even agriculture!

 
watchlist Created with Sketch. Add VMM (ASX) to my watchlist
(20min delay)
Last
$1.60
Change
-0.050(3.03%)
Mkt cap ! $102.0M
Open High Low Value Volume
$1.66 $1.68 $1.57 $942.3K 577.3K

Buyers (Bids)

No. Vol. Price($)
1 349 $1.60
 

Sellers (Offers)

Price($) Vol. No.
$1.67 15000 2
View Market Depth
Last trade - 16.10pm 14/05/2024 (20 minute delay) ?
Last
$1.60
  Change
-0.050 ( 3.32 %)
Open High Low Volume
$1.66 $1.68 $1.57 129883
Last updated 15.59pm 14/05/2024 ?
VMM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.