"Since Molycorp is able to process a higher grade of REO product than Lynas, they can garner a higher sales price."
Hi wjtennis. Your statement (quoted above) is unclear. Are you suggesting that, compared to LYC, MCP has the advantage of processing a higher grade of REO raw material or that MCP's RE product is of a higher grade?
My thoughts are that, LYC's CLD resource being at 9.8% REO compared the MCP's at 8.24% and LAMP being technically superior to MCP's production facilities, it would be quite the opposite in both cases.
Seems that even Jack Lifton who was formerly pro-MCP is a LYC convert, especially after visiting LAMP and talking to its management team.
molycorp conference call, page-2
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