LYC lynas rare earths limited

Did you look at your article carefully. here is a chart from...

  1. 8,333 Posts.
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    Did you look at your article carefully. here is a chart
    from what you posted Originally in the 2025 plan put out in MAY 2019 all 4 projects were supposr to cost A$500M Kal was ove A%800M and Texas is now 500M and that is only a projection. Lynas keeps having overruns like this and CAP X depreciation could erase much of their profits.

    Original Budget vs. Current Cost Projections

    Cost Component2023 Estimate2025 ProjectionIncrease
    Site Preparation$45M$68M+51%
    Water Infrastructure$120M$205M+71%
    Radiation Controls$75M$142M+89%
    Contingency$50M$85M+70%
    Total$400M$575M+44%

    Her is current schedule remember 2025 plan said Texas would be done late 2022 and in production. 2023 Now they are saying Q2 2028 with only a 30% probability of making it. 7Qs from first pour to commissioning. I hope they make that but I have my doubts. Look at KAL.

    Project Completion Timeline and Milestones

    QuarterMilestoneProgress
    Q3 2025Final EPA permit approval85% probability
    Q1 2026First concrete poured60% probability
    Q4 2027Commissioning begins45% probability
    Q2 2028Commercial production30% probability

    The declining probability metrics reflect increasing uncertainty at each stage, with regulatory approvals and construction challenges posing ongoing risks.

 
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Last
$9.34
Change
-0.210(2.20%)
Mkt cap ! $8.737B
Open High Low Value Volume
$9.55 $9.56 $9.30 $47.31M 5.032M

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