I wanted to see increase production + revenue growth + manageable cash outflow and by large I got it.
Lynas NEXT is producing in excess 500 t/m NdPr albeit it has had some problems with water supply disruptions which will be rectified by building a third water pond which is due for completion at end of this calendar year.
Supply can not satisfy demand from Japan which in itself can pose problems. It has intentionally banked 100t of NdPr as a strategic hold on rare earth tarrifs.
Not bad - not something that will blow me away, but solid is the word I think. Which is what I prefer for now.
Ann: Quarterly Activities Report, page-7
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