LYC 2.37% $7.78 lynas rare earths limited

LAMP2, page-15

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    Jan - fair point, my bad. Oxide pretty much double value of Carbs for Ce.

    Which begs the question why are LYC using phase 2 to turn into oxides? Is it due to the market not wanting Carbs, or if the profit margin much higher by using the Phase 2 aspects to turn into oxides? If the later then profit on this current produce will fall when phase 2 comes fully into production.

    Either way if LYC starts to run at full steam with both phases they either need a market for the carbs, or possibly expand phase 2 to turn 11kt PA carbs into oxides?

    Not sure there is a market for most of the produce in Carb form - Metal pages tends to ignore carbs leave Ce?

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