"But Australian analysts such as BBY's Mike Harrowell said China would simply find other ways - beyond the control of the WTO - to limit the flow of rare earths out of the Middle Kingdom.
''All China will do is change the game from issuing licences to just shutting down businesses that don't make the environmental restrictions, which they will be perfectly entitled to do,'' he said. ''The net effect might be the same.''
...... One would think this is a positive for LYC as RE prices look they will remain high as China will be able to restrict exports and pent up demand only grows by the day.
wto ruling revives debate over china's re, page-3
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$7.75 |
Change
0.030(0.39%) |
Mkt cap ! $7.244B | |||
| Open | High | Low | Value | Volume |
| $7.71 | $7.81 | $7.63 | $12.03M | 1.561M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6556 | $7.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.77 | 3385 | 1 |
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| LYC (ASX) Chart |