NTU 0.00% 2.0¢ northern minerals limited

Ashes to ashes, Dust to dust > [ATTACH] Note DyO @ 1155 RMB/kg...

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    Ashes to ashes, Dust to dust >

    Rare Earths Dysprosium and Terbium.jpg

    Note DyO @ 1155 RMB/kg today is just holding above the long term < 1000 level on the chart, though it did trade as low as $90kg in 2009, about half today's values.

    Comment from a Chinese contributor on another forum yesterday:

    "The pricing of Chinese rare earth oxides is entriely artificial. Look at the output numbers:
    - Dysprosium output is twice the quantity of world consumption
    - Europium dito
    - Terbium dito
    And that has been going on for a long time. You can't even begin to imagine the stockpiles."

    Exactly what all the hard data is showing, not least LT price action.
 
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