LYC update ; rare earth anti chinese monopoly play
LYC on ASX
Not many big reserve, big companies outside of China that have access to rare earths right away and are producing...
Its a simple political play
LYC - LYNAS - rare earth anti chinese monopoly play
as the title says, china is once again applying restrictions like they did in 2010, low and behold we have the same price structure!
these plays are cyclical for sure. they sorted their Malaysian issue recently, at least for awhile. i expect their move back to Australia will be facilitated by the western powers...