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Rare Earths

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from the morning wrap

Lithium and rare earths: Neodymium prices popped 8.6% on Monday, which is driving some upside for local names like Lynas (ASX: LYC), Meteoric Resources (ASX: MEI) and Arafura Rare Earths (ASX: ARU). Chinese lithium carbonate futures have also been trending strongly over the past week, up around 6.6% to 114,150 yuan a tonne. The Global X Rare Earth/Strategic Metals ETF rallied 2.94% overnight to close at the highest level since 10 January.


VanEck Rare Earth/Strategic Metals ETF daily chart (Source: TradingView)​

 
Good afternoon
The special nature of REE with defense force application is clearly evident within this article:

DOD Looks to Establish 'Mine-to-Magnet' Supply Chain for Rare Earth Materials

DOD is advancing its goal of developing domestic supply chains to ensure continued access to the rare earth materials needed to manufacture the permanent magnets used in important U.S. military
www.defense.gov

LYC gets a mentioned along with MP Materials.

Interestingly, The F-35 Lightning II aircraft requires more than 900 pounds of rare earth elements. Each Arleigh Burke DDG-51 destroyer requires 5,200 pounds, and a Virginia class submarine needs 9,200 pounds. REE involving magnets are used in unmanned aerial vehicles, to generate electricity for electronic systems in aircraft and focus microwave energy in radar systems, they also are a critical part of commercial applications in the United States.

Accordingly to the Department of Defense article, REE are also used in other ways that don't involve magnets. Vehicle-mounted laser range finders, such as those found on Abrams M1A1/2 tanks, make use of rare earth elements, as do their portable counterparts and target designators. Also making use of rare earth elements are; fiber optics communication systems; cerium-polished optical lenses; and sonic transducers used in submarine sonar systems. 

The US of A is not going to want to be reliant on China for REE supply. Unless there is a major change in technologies, sure, could happen ... but demand for mine is a given, REE is here to stay for quite awhile yet. rcw1 opinion.

Kindly conduct your own due diligence.

Kind regards
rcw1
 
from the LYC thread, ...

"Lynas and Las Vegas-based MP are the world’s two biggest producers of rare earths outside of China. Both have the backing of the US Department of Defence to build processing plants in Texas to produce rare earth materials essential in modern weapons systems, electronics and in the renewable energy sector..."

In fact, scuttlebutt is that DoD is pushing the deal to create a viable non Chinese player, and Gina, deep pockets and all, would be in there, you bet, networking with the Seppo cousins.
 
Hello Dona Ferentes,
yep ..
wonder why it took Gina so long to put good coin into LYC?? The DoD gig re Texas and LYC et.al, had been around for awhile. Amanda has just started saying really nice things about Gina. ha ha ha ha

Kind regards
rcw1
 

How to Invest in ASX Rare Earth Stocks​

How to Invest in ASX Rare Earth Stocks

Rare Earth elements are considered essential for a host of modern applications, providing opportunities for risk-tolerant investors and patient investors willing to wait for longer term rewards.
thebull.com.au


i hold ILU ( and have a 'low-ball' top up order in the market )
 
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