Lynas Corp. Ltd. (LYSCF)

[ax57]

The chart is looking good here, nice to see some strength on high volume.

The rare earth sector doesn't need a Chinese embargo to take off, the fundamentals will suffice. Virtually all of the major automobile manufacturers will be introducing new EVs (Electric Vehicles) over the next year or two. Rare earth production barely meets current demand, and that demand will increase significantly as global production of EVs ramps up.

Expect to see Lynas get a better price for their product going forward, and they'll increase their market share once the BlueLine plant in Texas becomes operational.