LYC 2.46% $6.24 lynas rare earths limited

Do you see BHP RIO FMG selling off their iron ore deposits to...

  1. 803 Posts.
    Do you see BHP RIO FMG selling off their iron ore deposits to other companies and then buy back product from those companies? No they don't but they maintain their tenements as valuable assets for future development in the interests of shareholders to maintain share price growth. They are more likely to be buying other companies assets or taking over other companies. A case in point here is BHP buying out UMC in the Pilbara.

    This whole swindle doesn't make business sense in my view. Why not sell off Malawi then if Mt Weld is the only core business?
 
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