LYC 2.60% $7.88 lynas rare earths limited

Q2 production, page-2

  1. 19,587 Posts.
    lightbulb Created with Sketch. 4975
    Production quota the tonnage fed to LAMP, LynasNext is simply recovering a higher percentage of the REE contained.

    While we've seen the big step change is Sept there will be further incremental improvement.

    Nor do we have any info state of play Mt Weld concentration, what did it contribute higher NdPr into concentrate, and importantly what remaining potential to boost NdPr levels?

    Incredibly frustrating to have Malaysian politics foul the company at this point of LAMP optimisation but the fact that it is running so effectively may just be a key factor in maintaining cash flows & customers thru a period of strategy readjustment.

    Despite what the SP is saying no one in Malaysia is saying the plant will be closed, just a small group of economic vandals trying to do their worst, while Lynas look for a mitigation format.

    Meantime Lynas will keep on doing what they have, looking to extract every kg possible from Mt Weld ore.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$7.88
Change
-0.210(2.60%)
Mkt cap ! $7.365B
Open High Low Value Volume
$8.03 $8.03 $7.84 $18.89M 2.393M

Buyers (Bids)

No. Vol. Price($)
1 2122 $7.88
 

Sellers (Offers)

Price($) Vol. No.
$7.89 19791 5
View Market Depth
Last trade - 16.10pm 11/11/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.