Maybe or maybe demand has beensatisfied and as Lynas increases production it causes a drop in price.
La had its biggest drop in severalyears in the first month of Q2 .In the Q2 CC AL told us they had signed a contract for one customer to take all the Lynas La .Could the price have dropped because of the removal of this demand from market?
ND started its drop in Q2 just asLynas began shipping that product.
Pr. We were told clearlyby AL they had problems with Purity with Pr that this is difficult but all problems would be solved in Q3.Now PR has its biggest one day drop in years. Will AL tell us in Q3 CC that all problems were solved with PRand now they are shipping all they can?
Let me say I do not know what iscausing price drops.The WW economy is weak. Autos the biggest user of PMMs has weakened substantially in China, EU and US.Post #: 37728117Post #: 37664800Post #: 37329088Rember EVs will drive the future but that will not happen for a few years.Right now ICE vehicles consume many times the PMMs .They use PMMs for starters, AC, Steering, Seats windows.My new 2019 GMC even uses a PMM to set and release the emergency brake.
Nd down 3% in two days., page-6
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