News: LYC UPDATE 1-Backed by Australia govt, Iluka greenlights $750 mln rare earths refinery, page-111

DG, LYC concentrate (produced at Mt Weld) is ~40-45% REE, and this will roughly be the same at Kalgoorlie (upgrades/improvements through the years have likely brought the number closer to ~45%).

As for our capacity, we will have a very large excess capacity. At Kalgoorlie, we can likely process 3x current processing at LAMP, and it's probably good to keep in mind that Lynas 2025 numbers were largely arbitrary: 10,500tpa NdPr was our plan to produce, but in regards to capacity the plant can handle much more.

With that in mind, as clearly stated by AL, the Lynas 2025 'plan' is obsolete. My speculation: assuming all goes well at Kalgoorlie (and I have no reason not to believe that), I would not be surprised if we produce 9,000 t NdPr next year already (750tpm), and exceed the '2025 rate' in 2024.

It's also been stated the plant is designed for further expansion (including SX).