LYC 2.04% $6.99 lynas rare earths limited

No yelling. My simple theory is supporting your beautiful chart....

  1. 10,370 Posts.
    lightbulb Created with Sketch. 222
    No yelling. My simple theory is supporting your beautiful chart. China controls 80 or 90 per cent of RE market share in the world. Chinese RE firms start cutting production and reducing supply to the market. Less supply and same demand on RE, the price will rebound. A simple economic theory about demand and supply. Based on current RE price, Chinese RE firms are losing money. They can not afford to keep losing money. By reducing supply to the market, the increase in RE price will boost Chinese RE firms' profitability. Although it will help Chinese firms, the increase RE price will benefit Lynas. Helping Chinese RE firms, indirectly helping Lynas.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.99
Change
0.140(2.04%)
Mkt cap ! $6.533B
Open High Low Value Volume
$6.94 $7.05 $6.93 $11.35M 1.627M

Buyers (Bids)

No. Vol. Price($)
4 12046 $6.97
 

Sellers (Offers)

Price($) Vol. No.
$7.02 11608 3
View Market Depth
Last trade - 16.10pm 10/01/2025 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.