It is actually JOGMEC/Sojitz through a special purpose company. Sojitz put up $15 mill from memory the rest was JOGMEC, so they are the ones with the most to lose.
deal was not done until 2011 as waiting for FIRB approval.
That $25 mill investment is now worth less than $1.5 mill. Recovering or protecting the loan would be Jogmecs main concern at the moment.
Lynas are leaving this down to the wire, page-5
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