LYC 1.62% $7.89 lynas rare earths limited

Bullish signs..., page-12

  1. 5,056 Posts.
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    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.
 
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