LYC 0.00% $6.40 lynas rare earths limited

News: Lynas to cut costs , page-7

  1. 1,359 Posts.
    "Common now, there is no positive from this."

    of course there are positive news. imho

    lynas decided to finish lamp phase 1 AND phase 2
    lynas decided to reduced the costs
    lynas decided to run phase 1 up to a limited production level
    lynas decided to leave phase 2 on stand by for further demand

    and lynas has sold ~ 8,500 tons pa of customized ree over the next 10 years to japan (as far as i know!)
 
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