LYC 2.37% $7.78 lynas rare earths limited

Bullish signs..., page-12

  1. 5,056 Posts.
    lightbulb Created with Sketch. 243
    I believe there is additional production capacity to squeeze out the LAMP within current design without need to expand.

    From the June Q report:
    "The site-wide improvement programs at the LAMP continue. Key focus areas include: debottlenecking and incremental increases in production rates; improving product quality; increasing REO recovery; and reducing chemical costs.
    A number of projects to gain an incremental increase in NdPr recovery are in the implementation stage."

    Current recovery rate for NdPr is at around 81%. All dependent on how much improvement they can make on recovery rate and debottlenecking really.
    Increasing NdPr recovery rate to 90% would increase NdPr production by around 150t per Q which is close to 6Kt pa, but not sure how achievable that will be. Probably more a combination of debottlenecking and increasing in production rate and recovery rate would make 6Kt pa achievable IMO.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$7.78
Change
0.180(2.37%)
Mkt cap ! $7.272B
Open High Low Value Volume
$7.45 $7.92 $7.41 $46.84M 6.050M

Buyers (Bids)

No. Vol. Price($)
1 1000 $7.75
 

Sellers (Offers)

Price($) Vol. No.
$7.81 77676 2
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.