LYC 3.88% $6.16 lynas rare earths limited

60 minutes story of rare earths, page-9

  1. RVR
    6,294 Posts.
    lightbulb Created with Sketch. 2332
    Yes unbelievable BS.
    All about Iluka getting ‘$1.5billion to build the only rare earth processing plant outside Asia’! Never mentioned any other company…. Went on at length about ‘rare earth magnets ….450kg in every F35 fighter…. US DOD currently dependent on Chinese processed RE magnets , etc.
    Lynas, Mt Weld, Kal, LAMP and funding for processing in Texas never mentioned.
    Hard to believe they went to all that effort to film at what was conveyed to be the only valuable RE mine in Aust, interview Beazley and the Minister, all the while managing to be unaware of the only RE company outside China actually processing the stuff…
    I felt like throwing up at the end!
    Last edited by RVR: 29/10/23
 
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