From the briefing today:
-Lynas will be submitting a further EIA which should, we hope, result in the removal of annual lanthanum processing limits. Of course we know these limits are purely politically imposed, nothing to do with the environment. So hopefully a fully unrestricted and longer duration license on renewal next year.
-Lynas has identified a solution to the US wastewater permitting issues and currently working with DOD to move forward on this. Great news.
-Heavy rare earth Dy and Tb outside production plans on track at LAMP and the hardware is in place.
-Capex for the Mt Weld expansion on budget and everything going to plan.
-Continuous improvement and learning's etc etc.
-Demand and prices showing some improvement.
-Chinese quotas should see some restraint and rare earth imports might be included in the quotas. This would be a positive because imports from Myanmar etc are in addition to the quotas, pushing up supply.
Lets hope we finally see some positives and 2025 is the year Lynas rewards its shareholders.
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Price($) | Vol. | No. |
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