Thanks Arafura, this reinforces what Jan and others have calculated previously. Once full production is underway the cash generated should fund full Duncan mining and processing. The latter will presumably be costly to set up, and whether this will, or should, be in Malaysia is not clear.
But Duncan, and perhaps future full in-house processing to at least individual element oxide, if not metal, will probably determine whether Lynas really becomes a world-ranked 'BHP of REE'.
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$9.67 |
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