Africa as a high risk location is becoming a non event for Lindian as Malawi Govt is very supportive of new mining entrants.
The issue I find concerning at present is who will want LINs REE concentrate?
How many companies outside of China have the technical knowledge and capacity to refine LIN's REE concentrate? Who are those Non Chinese companies ( besides Lynas and MP) currently providing refining services? I am searching.
We all know that demand for magnets is there and increasing BUT Western Economies have failed to focus on refining and production. Does this mean that for the next few years LIN's product will need to go to China which controls prices and mining viability?
It appears to be pointless to build a massive plant in Malawi until Lindian can find long term offtakes of medium to large quantities. Could this be the real reason why Institutions and Fund Managers have stayed clear of the Register?
Investor Stream, page-57
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11.0¢ |
Change
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Mkt cap ! $126.8M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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