LYC 2.29% $6.41 lynas rare earths limited

The previous post has been withdrawn with an apology: it was a...

  1. 2,364 Posts.
    The previous post has been withdrawn with an apology: it was a hasty copy and clearly omitted a relevant bit.

    Sigh Janti you must think Lynas is fibbing and that's your perogative.
    Quotes from Op Update:
    - the cracking and leaching unit of LAMP has acheived 100% of its 11,000 tpa Phase 1 nameplate production capacity.
    - Lynas .... is optomising production at the phase 1 capacity level. Lynas intends to continue operating at this level until...

    The really tricky part of the whole process is getting pure RE in solution; that's running fine and at capacity.
    As for the separation units: no doubt they'll come on line as product is qualified and ordered. The SX part of the process is tricky but hardly novel: we're lucky to have the Rhodia mob supporting it since they have 50+ years experience with the tech. It's not specific to the particular source either, apparently. You just balance the output capacity according to the RE mix in the input.

    Twist and distort it any way you want but it's pretty clear to me.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.41
Change
-0.150(2.29%)
Mkt cap ! $5.996B
Open High Low Value Volume
$6.53 $6.55 $6.40 $8.502M 1.320M

Buyers (Bids)

No. Vol. Price($)
40 29427 $6.40
 

Sellers (Offers)

Price($) Vol. No.
$6.42 34308 53
View Market Depth
Last trade - 13.48pm 08/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.