LYC 1.15% $7.71 lynas rare earths limited

lynas can only export rare earth oxide not ore, page-8

  1. 234 Posts.
    lightbulb Created with Sketch. 4
    At the risk of continually repeating myself - here goes.

    LYC will import a Rare Earth mineral concentrate into Malaysia.

    LYC, at Mt Weld mine ORE which they put through a flotation concentrator to produce the Rare Earth mineral concentrate which will be exported for refining at the LAMP.

    Ore is mined, when ore has been processed it usually turns into a concentrate which pretty much involves recovering the valuable minerals into said concentrate while rejecting the worthless parts of the ore. This makes transport easier and cheaper and produces a product suitable for further purification by refineries. Very few metals DON't follow this path.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.