Australian (ASX) Stock Market Forum

Rare earth dispute

Joined
Mar 9, 2012
Posts
636
Reactions
0
If China owns the resources shouldn't it have the right to sell them to whoever it wants to ?

Or did China sign supply contracts and then renege ?
 
Joined
Jul 9, 2006
Posts
4,135
Reactions
450
I thought that there were REE's in the USA, but they closed the mines years ago because it just got too expensive to mine.

asx:GGG is one that l have traded. REE and U development in Greenland
http://www.ggg.gl/
 
Joined
Feb 14, 2005
Posts
11,434
Reactions
6,873
Of course China is taking advantage of the situation. It's only naive Westerners who think there's such a thing as a "level playing field" or "free trade".

China is doing what is in its' own interests as you'd expect them to. First put other producers out of business, then use that to their advantage. Surely nobody ever thought they wouldn't do this?
 
Joined
Jan 12, 2008
Posts
4,369
Reactions
8,457
If you've been watching the small/micro cap stocks then you've noticed that the rare earths companies are in demand again. The benchmark company is LYC refining rare earth elements in Malaysia from feedstock mined in Aust.

From my RE watchlist.
LYC: moving steadily higher.
HAS, PEK: Broke higher recently
ARR, ARU, NTU, REE, VML being nibbled at.
ASM: watching this one for a BO >4.25
 

Dona Ferentes

Baron Samedi
Joined
Jan 11, 2016
Posts
3,092
Reactions
3,250
been a bit of a lift last week , but the heavy work was done early October

Three month price chart percentage lift. All are in positive territory over that time. In descending order:
ARR .... 208%
REE .... 103%
ASM .... 78%
PM8 .... 78%
VML .... 78%
LYC ..... 52%
PEK ..... 42%
ARU ..... 33%
IXR ....... 27%
GGG .... 12%
NTU ....... 3%

1606537485097.png
 
Last edited:
Joined
Jan 12, 2008
Posts
4,369
Reactions
8,457
That chart all be it a medium term timeframe shows the same setup pattern that I like to trade in my short term trades. An initial impulsive swing up, followed by a shallow lower volume drift sideways. I wait for price to start moving higher for the next swing up. You can see that many of these stocks have started to move higher on the right edge of the chart. This is what my Friday pm scan has detected.
 
Thread starter Similar threads Forum Replies Date
greggles IXR - Ionic Rare Earths Stocks I-P 21
System SMS - Sino Rare Precious Metals Stocks Q-Z 0
springhill PM8 - Pensana Rare Earths Stocks I-P 19
System ARR - American Rare Earths Stocks 0-H 23

Similar threads

Top