$500m for Kalgoorlie MREC plant. Now $500m for Mt Weld expansion?? That is a big drain on cash flow. I think I will lighten off a bit.
The mine expansion will increase NdPr equivalent throughput by 71% with the mine throughput capacity increasing by 333%. Major decrease in NdPr grade ore to be mined in the future.
Ann: Lynas Announces $500M Mt Weld Expansion, page-10
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