LYC 2.15% $6.65 lynas rare earths limited

Ausheds - an update please, page-2

  1. 2,364 Posts.
    Maybe ACTUALLY READ the announcement before spouting such tripe.
    http://money.cnn.com/news/newsfeeds/articles/globenewswire/10128853.htm

    Quote:"In collaboration with Siemens Wind Power, Molycorp and Shin-Etsu will improve the magnet material to reach zero HREEs, Siemens said. At the same time, Siemens added, supply chain reliability will be increased and costs will be reduced. "
    Also note it's a diversification of supply not a solo supply arrangement.
 
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