LYC 1.48% $5.98 lynas rare earths limited

Ha... me selective? haha ... Did you read the ACREI table,...

  1. 207 Posts.
    Ha... me selective? haha ... Did you read the ACREI table, jantimot? ... can you please post price movement (%) for Pr-Nd oxide (nr. 29) ? Just to check if you can actually read.... thanks!


    "Why are molycorp increasing production? Well, probably the same reason Lynas are trying to. To sell more, to make money". At least, this is Molycorp's answer to the question:

    The company also expects higher production volumes in 2015,coinciding with relatively strong demand for the magnetic rare earth material neodymium/praseodymium, lanthanum, and light rare earth concentrate (LREC): "We were pleased to see our production increase in the fourth quarter relative to the preceding quarter and year-on-year,’ said Geoff Bedford, president and CEO of Molycorp. ‘Optimization at Mountain Pass is ongoing, but our Q4 production demonstrates momentum in the right direction. Rare earth pricing softened in Q4 with market uncertainty surrounding release of final details of China’s ongoing reforms to rare earth mining, separation, and export regulatory policies. However, given the relatively strong internal and external demand we are seeing for many Mountain Pass products, continuing to boost production there is a top operational priority.’"

    http://www.metal-powder.net/view/41305/molycorp-doubles-rare-earth-production/
 
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