LYC 2.37% $7.78 lynas rare earths limited

seimens joint venture for magnets

  1. 343 Posts.
    Now LYC has released that she will be going into a joint venture arrangement with Seimens to manufacture Magnets, has anyone calculated the numbers on that? as there would be a huge margin given lynas having a stake from the ground to stores.

    People have completely discarded that news but I believe in the long term that venture alone would justify todays SP. Any comments on that?
 
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