LYC 2.36% $6.06 lynas rare earths limited

quarterly is out, page-25

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    At least Lynas has not totally given up on Malawi

    KANGANKUNDE DEPOSIT – MALAWI
    Further to Lynas’ ASX announcements on 13 June 2012 and 31 July 2012, Lynas is continuing to work with the Malawi Government with the aim of resolving the issues affecting Lynas’ title to the Kangankunde Rare Earths (KGK) resource development in Malawi. Since fiscal year 2012, no further capital investment has been made and the project remains on hold.

    and on the residue front

    SYNTHETIC MINERAL PRODUCTS PROGRAM
    Concurrent with the production of Rare Earths at the LAMP, the Company has also commenced production of synthetic gypsum and aggregate co-products on site. Lynas has received customer interest for its synthetic mineral products and is continuing market trials for these products. The Company remains in discussions with the relevant authorities in Malaysia regarding obtaining the necessary regulatory approvals to commence exports of these products. One of the products has already been tested by a third party laboratory which concluded that it is safe and meets regulatory requirements. For other synthetic mineral products, testing and market trials remain ongoing.
 
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