LYC 0.00% $7.78 lynas rare earths limited

Lynas linked to rare earths mega-merger as price falls bite - AFR, page-28

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    Jay it seems you and USG have swallowed one piece of MP misinformation: that they're a good source of HRE.
    They've been trying that line for the best part of a decade and its pure BS. (Remember Molycorp's 'HRE in the carpark' fiasco?)
    The Tech Metals Research website, a great resource, gives the following grades: hope the columns align!
    Mt Weld Duncan Mt Pass
    RE % 9.7 4.8 6.6
    RE mt 1.4 0.4 2.1
    Pr% 0.5 0.23 0.28
    Nd% 1.8 0.87 0.79
    Tb% 0.009 0.013 0.004
    Dy% 0.024 0.061 0.003

    So MP has half the Tb and an eighth the Dy as Mt Weld CLD while Duncan is well ahead of both of them.
    MP do a lot of bragging much of it pure hot air.
    Last edited by EddieB: 04/02/24
 
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