LYC 0.33% $6.07 lynas rare earths limited

Good news - pentagon resumes lynas contract, page-13

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    A US-based analyst has circulated an email from a Department of Defence official which suggests an independent review has cleared funding for the Lynas-Blue Line Corporation heavy rare earths plant.

    The email says the review found Pentagon funding for the Lynas project and an MP Materials project was in the best interests of the US government and would go ahead.

    Ms Lacaze declined to speculate on any breakthrough and the Pentagon has not confirmed a resumption of funding.

 
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