LYC 3.03% $6.97 lynas rare earths limited

News: LYC Malaysia sets licence renewal conditions for rare earths miner Lynas, page-61

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    Indeed, Lynas is being hamstrung by politicians with a long stated position of opposition to the LAMP. They are 'interpreting' the scientific findings in a manner that allows them to impose their will on a company they hate. Lynas can play the game and be profitable even with politicians siphoning off profits and building obstacles. The plant is not being shut down, just not allowed to grow. Lynas can still make a lot of money under these conditions. We all know Lynas needs more processing capacity, lots of it. Now we know where it will not be located. Lynas will simply grow elsewhere and with its great track record, will easily secure all the funding needed for the next plant.
 
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