LYC 1.65% $7.75 lynas rare earths limited

In this article from last year if you are looking to buy a rare...

  1. 950 Posts.
    In this article from last year if you are looking to buy a rare earths mine then dyprosium and terbium are a must for success

    It is an interview with Jack Lifton and he makes alot of valid points

    http://www.techmetalsresearch.com/2010/11/the-fight-over-rare-earths/

    Mt weld central deposit including the Duncan deposit only has Dysprosium at .124% and terbium at .068%


    Rare Earth Oxide Mt Weld Distribution
    21/03/11

    Lanthanum Oxide 25.50%
    Cerium Oxide 46.74%
    Neodymium Oxide 18.50%
    Praseodymium Oxide 5.32%
    Samarium Oxide 2.27%
    Dysprosium Oxide 0.124%
    Europium Oxide 0.443%
    Terbium Oxide 0.068%


    Note: Mt Weld distribution totals 98.9%, the balance is made up of Gadolinium, Holmium, Erbium and Yttrium oxides.




    TABLE 4: COMPARISON OF 2010 RESOURCE ESTIMATE AND 2008 RESOURCE ESTIMATE
    Model
    kt
    REO (%)
    Contained REO kt
    2010 Model
    17,490
    8.1
    1,416 kt
    2008 Model
    12,240
    9.7
    1,184 kt




    According to this Mt weld has a total resource of 1,416,000 t at .124% Dysprosium which = 1756 t in total and

    terbium of 1,416000 t x .068% which = 963 t


    The Crown deposit has resource of 437,000t and Dysprosium at 1.76% for 7700 t
    and terbium at .33% for 963 t

    That means there is 50% more terbium in the Crown deposit and over 4 times more of dysprosium in the Crown deposit than at Mt Weld


    Also Mt Weld has little Yttrium at 1680 ppm (.168%) for a total of 2,379 t while Crown deposit has Yttrium at
    5.76% for a total of 25,200 t

    That is more than a 10 fold increase in Yttrium at Crown compared to Mt Weld


    The directors of Lynas must be called to answer

    Why are they selling most of our HEAVY Rare Earths?









 
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