LYC 0.64% $7.90 lynas rare earths limited

Kalgoorlie Update

  1. 6,339 Posts.
    lightbulb Created with Sketch. 1113
    Alas, there will be no "feed on 2022". Meh.

    Massive project; multiple moving parts; technical scope change; pandemic shipping; supply chain logistics nightmare.
    They are bricking the kiln as well.

    Lynas-WA-Project-Update-Dec-2022.pdf (lynasrareearths.com)

    excerpt
    Key activities to December 2022:
    • Kiln generator was installed
    • The high voltage (HV) switch room arrived onsite
    and was set on its footings in early December
    • Recruitment of the operational leadership team is
    now complete, and all members of the team are
    Kalgoorlie residents
    • Workshop warehouse is complete, and the control
    room and maintenance offices are under
    construction.
 
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