LYC lynas rare earths limited

Wind Turbines; mrkts that matter, page-21

  1. 492 Posts.
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    As ausheds has been banging on about, a major driver for Lynas share price is Nd-Pr pricing.
    I think we all know that pricing is dependent on demand.
    So what could be better news for Lynas investors and electricity consumers (that's pretty much everyone), than cheap power ($0.02023/kWh!) produced by NdFeB-based windmill turbines?

    The electrification of the world by one of the most democratic and cleanest of resources - wind!

    from https://www.bloomberg.com/news/arti...r-than-ever-in-brazil-almost-as-low-as-mexico

    Wind Power Cheaper Than Ever in Brazil, Almost as Low as Mexico

    By
    Vanessa Dezem

    ‎April‎ ‎4‎, ‎2018‎ ‎2‎:‎28‎ ‎PM‎ ‎EDT
    From
    • EDF had winning wind-power bid for $20.23 a megawatt-hour
    • Auction expected to spur 5.3 billion reais of investment
    Pent-up demand and cheaper equipment helped drag down wind-power prices to the lowest ever in Brazil, and almost reaching the Latin America record.
 
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Mkt cap ! $15.20B
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