re: Ann: BRR webcast on Project Development a... There is a joint venture between Siemens and Lynas to produce NdFeB magnets requiring Lynas to supply all REE inputs including neodymium, terbium, praseodymium and dysprosium.
With no substitute for either terbium or dysprosium - Lynas may be forced to find a supply from elsewhere to meet the joint venture commitment.
That elsewhere "could" end up being Northern Minerals
This is covered in more detail on pages 16 and 17 of the 28 February 2013 DJC Institutional Desk Note - which can be found on the Northern Minerals website
Ann: BRR webcast on Project Development and Explo, page-30
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