LYC 1.14% $6.22 lynas rare earths limited

8,500 tpa for 10 years = $300.000.000 pa

  1. 1,359 Posts.
    thats what we know. lynas and "japan" signed a contract in nov 2010 and japan ordered 8,500 tpa ree's and they have to pay $300.000.000 pa = ~ $35 per kg ree and the contract runs for 10 years. thats the bottom price. it doesnt matter if the basketprice goes below $ 30...or even lower

    so, lynas will earn, over the next 10 years, $ 3.000.000.000 = $ 3 Billion! not bad, right?

    http://www.proactiveinvestors.com.au/companies/news/11974/lynas-corporation-and-japan-sign-rare-earth-agreement-supply-30-of-annual-demand-11974.html

    and there are other contracts, basf, locals, ...malaysian domestic use

    if i'm not mistaken

 
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