LYC 1.22% $7.68 lynas rare earths limited

Ann: Quarterly Activities Report, page-8

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  1. 2,923 Posts.
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    5th straight increase in Q production (2043) tonnes NOTE : 90% nameplate in September...which indicates bottlenecks have been sorted.

    Increase in sales to $31m

    Decrease oveall loss

    Phase 2 commissioned and FULLY operational

    Japanese market a priority

    Different more transparent report with confirmations and clarifications on possible doubtful points

    Overall good report

    For me the 90% nameplate for September is encouraging & Phase 2 to be producing at the end of this Q
 
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