"US have asked us to build a Plant over there.". Total garbage. Read the 2019 plan Lynas was going to build the plant by themselves with another company, Blue Line, here is the press release for blue line. https://wcsecure.weblink.com.au/pdf/LYC/02106823.pdf Then Us government offered money to all REE companies that wanted to build in US. Instead of staying on Schedule AL decided she wanted the fairly insignificant amount of money. Incurring the first of many delays as USG decided who should get it Lynas ended up with money but it was a small share. US$ 130 Million. I think. Then Lynas changed their mind again and decided they would do LRE as Well as HRE to get more USG$. I am sure You and others as this project continues to be delayed will blame USG and say "how could they do this to us? they invited us to come." Here is the 2019 plan you should read it and think about it. There is no mention of USG funding. The Texas project is between 3 and 6 years late. we do not know yet because they have not even picked a new site after dumping Blue Line. I am sure many on this board will blame USG "who invited them in" (they did not) instead of Lynas management that caused all the problems. All the USG funding is less than one year's revenue should be. Was it worth a multiyear slip? Texas was supposed to open end of last year. So instead of processing Lynas's SEG into their own heavies they are still selling it to China. Helping to keep China in the driver's seat.
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