From the Lynas Corp website: Mt Weld, with its very high grade contains light Rare Earths and is also high in Europium, a heavy Rare Earth.
LYC's motive for taking a stake in NTU had nothing to do with capital gain, it was bought because they saw Chinese ownership of NTU as a potential threat to their business at a later date.
Due diligence prior to purchasing this share should provide all the information you need with regards to the thwarted Chinese bid.
KC
1.5 mill buy, page-7
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