LYC 3.12% $6.28 lynas rare earths limited

dysprosium is the key heavy rare earth, page-13

  1. 927 Posts.
    "Why don't we just sell the central and duncan deposits for another 20 million and be done with it?"

    Because its our core-business!

    "What we should be looking at is procuring more mines with heavy rare earths not selling them. We are alredy short of heavies and in the future a mine with no heavies is uncompetitive"

    If you did watch the last published video: at the end it was said: "malawi and kangarunde (dont know yet how it is written), will be develpoed and add to the 22.000t/year another 5.000t/year REOs, which can be separated by gravity-seperation in an additional plant in malaysia. This is something like phase 3.

    So selling crown to forge, getting 9mio options, royalies, 20mio$ is one thing - another thing is producing HREEs deposit. and both doesnt conflict!
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.