lree and hree confusion., page-13

Lynas is probably in the best position of all current or likely specialist REE suppliers being fully funded!
Having the richest mine currently known at Mt weld and construction well underway can't hurt!

However there is always the risk that some other producer will find and produce REE as a by product of their primary industry and hence much cheaper than even Lynas can produce at Mt weld! But even then they will have to sell it as raw material to someone!

This is where the LAMP comes in to play with vertical integration and it being the only major advanced materials plant outside of China will certainly be used to process at least some of these REEs from other sources. The rest will probably go to China and other minor specialist processors such as those mentioned by black Jack. These producers will certainly not be paying full price for byproduct raw materials if they are already at production capacity!

The REE prices for the foreseeable future will reflect the reality that China is no longer willing to shoulder the burden of supplying REEs to the world at below or near the actual cost of producing them except as a byproduct of some other hazardous mining operation such as Uranium or Tin mining. China now want to keep their remaining REE to themselves to supply their home grown industries to keep them in the lead and become the world's next economic, industrial and military superpower. Even as their standard of living improves!

Given this - the rest of the world needs to be sure we have security of supply as well. Lynas will play an important role in ensuring supply to the rest of the world and may even sell product to China - as such Lynas is certainly worth investing in from my personal point of view.

Good luck to all holders :)