LYC 1.47% $6.88 lynas rare earths limited

Today's chart & trading, page-1847

  1. 153 Posts.
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    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.




 
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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
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