please explain, page-4

"Phase 3 plant be built in WA" seems the best choice. the government will welcome this investment projects that bring benefits of economic, employment and tax.

but "Cost" may be higher, and alleged may reach A$600M.

so only most important challenge will be where to get the funds?

once the rare earth bubble burst, big/hot money has not willing to flow into this sector, so that will be very difficult time for the rare earth project if want raise funds from the current capital market.

But there may be a possible choice:

Australian Immigration Minister Chris Bowen has announced new establishment of important investor visa (visa 888)that started from November 24 last year, the applicant just need investment of A$5 million in Australia without additional conditions (such as English levels, age, skills, etc.) can apply for a fast-track investment PR visa.(this visa set up for attract funds in Asia).

now DIAC received the enquire of intent(EOI)that 90% from China.

Chris Bowen said that such these immigrants can make a huge investment contribution to our economy, and will provide funding for major projects nationwide.


If "Lynas' Phase 3 project plan" can attract these huge investment capitals, then the most important problem(funds will easily be solved.