Lifton got it right:
"Lynas is not a competitor of Great Western. It is a competitor of Molycorp and every other light rare earth potential or actual supplier. In order to be able to produce commercially useful quantities of heavy rare earths Lynas will have to co-produce enormous volumes of light rare earths. If these can?t be sold at a profit then it will fail as a business"
This puts the finger right on the spot.
If at all - Lynas will only be profitable for a short period of time. Due to offtake agreements and a price decline after MCP, ARU, LYC and others have caused an LREE oversupply.
regards
Julia
dear jack...., page-7
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