LYC 2.73% $6.40 lynas rare earths limited

Lynas - Never fails to disappoint, page-76

  1. mle
    197 Posts.
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    It’s new to me. Is China held a minority share in Lynas, anyone please help to confirm? Thanks

    “Since 2017 the U.S. government has been buying REE from an Australian firm, Lynas Corp., and its partner MP Materials. Lynas mines REE in Western Australia and refines it at its processing plant in Malaysia.But when it was discovered in May of this year that China held a minority share in Lynas, the U.S. Department of Defense funding for Lynas’ U.S. partner, Blue Line Corp, was rescinded”





 
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