NdPr Day prices?, page-20

After almost 3 months of Stability Ce doped last night.   0.25 RMB / KG.   This  is only a  0.2 % drop Combined with the drop 80 days ago of 1.25 RMB it becomes a little more significant.    Ce is Lynas's largest product by weight,   small on a $ basis.    This is probably only significant in that when viewed with the recent   drops in Nd none of the four products that Lynas sells has gone up   two have gone down.   The biggest $ generator is Nd as Part of NdPr has gone down 3 times.  

SEG has gone up maybe two times what it was a year ago, possibly even more.     About  5% of Lynas output is SEG.   Unfortunately there is no public info on SEG pricing, we only have AL comments from Q CCs.   SEG contains all the heavies that Lynas cannot separate.  Most of the heavy REE mines in Sothern China are closed for environmental reasons.    China needs   Lynas's SEG very badly and Lynas has several years’ worth in inventory,   they  make more every day they operate.    Right now all sales are important.    How important SEG sales are is up to each person to decide.    We have little data on Price or Volume so no one can say for sure.