LYC 0.39% $7.75 lynas rare earths limited

Ann: Media Release - Chinese Government Initiatives, page-5

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 19,587 Posts.
    lightbulb Created with Sketch. 4975
    "Despite previous campaigns to streamline the rare earth industry by giving control to state-owned mining companies and setting production quotas on a small number of authorised firms, illegal mining, pollution and smuggling of the 17 elements in the rare earth category in China remain ubiquitous, leading to a plunge in prices so it has been decided to adopt a "shoot on site" eradication policy."
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.