LYC 0.17% $6.05 lynas rare earths limited

News: LYC Malaysia sets licence renewal conditions for rare earths miner Lynas, page-70

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    "The only remaining uncertainty is if LYC is required to export the 451kt of WLP,
    presumably back to its Australian mine Mt Weld. In our view, this poses a limited
    future operating cost impact as WLP radioactivity level of 6Bq/g is well below the
    international waste transport minimum of 10Bq/g and can readily be bulk
    transported in containers. We also note removal cost can be paid for by the
    US$23m (A$32m) rehab fund paid and held by Atomic Energy Licencing Board."

    Analyst note.
 
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