LYC 1.48% $5.98 lynas rare earths limited

http://www.portergeo.com.au/database/mineinfo-mb.asp?mineid=mn770...

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    http://www.portergeo.com.au/database/mineinfo-mb.asp?mineid=mn770
    Mount Weld

    Western Australia, WA, Australia

    Main commodities: P REE Ta

    TheMt Weldcarbonatite contains substantial deposits of rare earth elements, phosphate, niobium, tantalum and titanium and is located ~32 km SE of Laverton and ~250 km NNE of Kalgoorlie in Western Australia (#Location: 122° 32' 51"S, 28° 51' 45"E).

    The Mount Weld carbonatite was discovered after data from a regional Bureau of Mineral Resources aeromagnetic survey in 1966 revealed a pronounced magnetic anomaly in association with a large circular structure concealed below Quaternary alluvium.

    ... worth a read. Also showing, that WESFARMERS have a longer shared history with Mt. Weld than most investors may expect.

    Cheers, FXNCLN
 
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