Hi Rorkes and all,
This is a really important milestone.
Firstly, having a letter of Intent to form a JV Siemens and Lynas shows the confidence of which company will be leading the REE Sector for the future.
They didn't go with Moly. Nope!!! They see Lynas as the future and the real deal.
Now, given Solitz have full confidence in LYNAS as well as Mitsubishi purchasing 9.99% and add this new announcement with Siemens, its plain as day that Lynas will get to production first and in Malaysia.
Game! Set! Match!
Even though the show has just begun.
As the pressure is mounting on China regarding export quotas, that will probably be the next catylist to launch the fireworks in the REE Sector and most importantly Lynas Shareprice.
Good times ahead.
Cheers markco2
joint venture with siemens, page-70
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