/biz/ - Business & Finance

>>15870435

lol who cares. Markets don't care about fundamentals, they'll trade the stock as a result of the Chinese cutting off supply to America.

>>15870436

Let's put it this way: in 2010 China reduced rare earth exports by 40%. Lynas went to $25 in 2011.

A few years later the WTO ruled against China and they had to eliminate the export restriction, hence the collapse in price.

>>15854786

This is the Lynas Corporation.

It is currently $2.60 AUD.

In 2011, it was $25 AUD.

What happened in 2011 to cause it to reach $25? China reduced Rare Earth Metal export quotas by 40% in 2010.