http://www.indiainfoline.com/articl...o-make-rare-earth-magnets-114021204569_1.html
Siemens ties up with Lynas to make rare earth magnets
capital market | Mumbai | February 12, 2014 14:28 IST
Siemens and the Australia-based Lynas Corporation have signed a Letter of Intent to establish a joint venture for producing neodymium-based rare earth magnets. Neodymium magnets are made of an alloy comprising neodymium, iron and boron. Siemens requires the magnets for the making energy-efficient drive applications and wind-turbine generators.
https://www.streetwisereports.com/pub/na/ryan-castillouxs-state-of-the-ree-market-address
TMR: Does Siemens' deal with Molycorp preclude a deal with Tasman or any other emerging rare earth recovery (REO) producers?
RC: Not necessarily. The Siemens/Molycorp 10-year deal announcement didn't discuss any specific numbers for offtake tonnage. It's my understanding that Siemens had a previous deal with Lynas Corp. (LYC:ASX) that is still alive. It could just be that Siemens is looking to diversify its supply sources.
- Forums
- ASX - By Stock
- Siemens merger
http://www.indiainfoline.com/article/capital-market-business-news...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$5.69 |
Change
0.160(2.89%) |
Mkt cap ! $5.318B |
Open | High | Low | Value | Volume |
$5.51 | $5.72 | $5.51 | $34.45M | 6.117M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 75089 | $5.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.70 | 63441 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 19345 | 5.680 |
2 | 37342 | 5.670 |
3 | 15027 | 5.660 |
5 | 55273 | 5.650 |
2 | 16818 | 5.640 |
Price($) | Vol. | No. |
---|---|---|
5.700 | 11000 | 2 |
5.710 | 56174 | 4 |
5.720 | 10943 | 5 |
5.730 | 23295 | 6 |
5.740 | 47044 | 4 |
Last trade - 16.10pm 28/03/2024 (20 minute delay) ? |
|
|||||
Last
$5.70 |
  |
Change
0.160 ( 3.08 %) |
|||
Open | High | Low | Volume | ||
$5.55 | $5.72 | $5.53 | 1881896 | ||
Last updated 15.59pm 28/03/2024 ? |
Featured News
LYC (ASX) Chart |
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online