LYC 0.30% $6.76 lynas rare earths limited

lynas will win in the end!!!!, page-28

  1. 2,364 Posts.
    Thanks for the details of the Sojitz & Mt Kellet conditions Cafa. Of course these are a summary of Lynas's obligations not the detailed contracts.

    The Mt Kellett conditions are of absolutely no concern IMO: after all LAMP is now ramped up to 100% nameplate and no doubt got to 70% some time ago.
    Barring some catastophic failure it looks a done deal.

    The Sojitz condition on phase 2 production is much less clear to me, but it implies ph 2 ramp up around Sept to comply. No doubt this requirement on Lynas is contingent of Sojitz uptake of that output. Would make little sense otherwise.
 
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