BHP 0.42% $42.60 bhp group limited

News: BHP Lynas Posts Qtrly NDPR Production Of 1,504 REOt

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    July 23 (Reuters) - Lynas Rare Earths Ltd (LYC) :

    • QTRLY NDPR PRODUCTION 1,504 REOT
    • QTRLY TOTAL REO PRODUCTION 2,188 REOT
    • QTRLY SALES REVENUE A$136.6 MLN
    • DURING JUNE QUARTER, RAMP UP OF KALGOORLIE FACILITY CONTINUED
    • MINING OPERATIONS RECOMMENCED AT MT WELD IN JUNE QUARTER
    • MARKET PRICES REMAINED LOW IN QTR DESPITE A SLIGHT IMPROVEMENT IN CHINA DOMESTIC DEMAND
    • PROCESS PERFORMANCE MODIFICATIONS UNDERTAKEN AT LYNAS MALAYSIA
    • MODIFICATIONS UNDERTAKEN AT LYNAS MALAYSIA TO PROGRESSIVELY WORK TOWARDS 10,500 TONNES PER ANNUM PRODUCTION CAPACITY ARE ON TRACK
    • CO AND BHP WORKING ON CONTINGENCIES FOR CONTINUED ACID SUPPLY TO KALGOORLIE AND PLANS WILL NOW BE FINALISED FOR IMPLEMENTATION

    (([email protected];))

 
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