LYC 2.73% $6.40 lynas rare earths limited

Why the hell would they buy ALK when they are already sitting on...

  1. 19,584 Posts.
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    Why the hell would they buy ALK when they are already sitting on a 38MT polymetal that just happens to be the richest undeveloped source of Niobium, high grades of phosphate, titanium, and yes, more RE?

    Besides, LynasNext expansion @ 1200tpa will produce more NdPr than ALK's two stages completed.

    Lynas had enough hassles sorting a relatively simple LRE flow process, GL to ALK, but they cam keep their poly headache.
 
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