This is an ineffectual rebuttal, because Lynas's share of Japanese NdFeB market is already 70%.
Even without suggesting overall ROW REE pie is shrinking, this indicates limited room for improvement going forward.
Lynas will sell all the Nd/Pr they refine, but prices might never rise from where they are today; especially not if one believes EVs are going to continue to be "rather tardy".
Mt Weld will be picked clean at prices China controls (and which they have no reason to raise) until ROW demand really starts heating up.
Will that happen? How? When?
IMHO, one needs to be a true believer in current NEV market potential to make a bet on Lynas.
This is an ineffectual rebuttal, because Lynas's share of...
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Last
$6.88 |
Change
0.100(1.47%) |
Mkt cap ! $6.552B | |||
| Open | High | Low | Value | Volume |
| $6.81 | $6.93 | $6.74 | $19.63M | 2.851M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14245 | $6.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.89 | 157125 | 9 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| LYC (ASX) Chart |
