LYC 1.18% $6.72 lynas rare earths limited

Today's chart & trading, page-1847

  1. 153 Posts.
    lightbulb Created with Sketch. 19

    https://www.smartkarma.com/home/daily-briefs/australia/brief-australia-lynas-between-a-hard-place-and-just-rock-and-more/
    On further reading I would like to comment on this sentence in the article:
    "Arguably the radiation of this waste is low – and further backed up in this IAEA report (page 20) – but the reality is, if so low, why not process in Australia in the first place?"
    There were many reasons:
    In Malaysia water is plentiful although there were problems with supply last year.
    Labour is cheaper in Malaysia and Lynas was able to pay employees at the LAMP a very good salary.
    Electricity is cheaper in Malaysia.
    Lynas' customer base is closer to Malaysia.
    In my research of Lynas history I have never read anywhere that Australia has refused Lynas on the grounds of the radioactivity of materials.
    Thank you again Goldrain for your contribution.




 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.72
Change
-0.080(1.18%)
Mkt cap ! $6.552B
Open High Low Value Volume
$6.88 $6.89 $6.65 $34.55M 5.141M

Buyers (Bids)

No. Vol. Price($)
5 119006 $6.72
 

Sellers (Offers)

Price($) Vol. No.
$6.73 70790 4
View Market Depth
Last trade - 16.10pm 25/11/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.