LYC 0.31% $6.38 lynas rare earths limited

Actually just came across a statement from one of the links that...

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    Actually just came across a statement from one of the links that I must have read before.

    First the context:

    "The minerals ranked as most critical by the United States, Japan, Republic of Korea, and the European Union including the United Kingdom, are as follows (ranked by Geoscience Australia based on synthesis of individual country rankings):

    Rare-earth elements (REE), gallium (Ga), indium (In), tungsten (W), platinum-group elements (PGE) including platinum (Pt) and palladium (Pd), cobalt (Co), niobium (Nb), magnesium (Mg), molybdenum (Mo), antimony (Sb), lithium (Li), vanadium (V), nickel (Ni), tantalum (Ta), tellurium (Te), chromium (Cr) and manganese (Mn)."


    "Although these minerals are critical for the world's major industrial economies, Australia's perspective is different in that domestic demand for most major and minor minerals is relatively small and is far outstripped by Australian production of those minerals. There are two notable exceptions, however. Phosphate and potash, used in fertilisers, are essential for Australia's agricultural industries yet the nation is, at present, not self-sufficient in these commodities."


    That last statement jumped off the page this reading, notable since Lynas will be generating plenty of phosphate in WA - perfect to meet domestic needs.

    Screw Condisoil and the increasingly-despised palm trees: Sell phosphate fertilizer straight up.

    Yes? No?
 
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