To quote Patterson's "Phase1 is complete and producing. Ramping up to design capacity of 11 ktpa of REO products."
So it seems the inevitable teething problems are minor.
Seems unlikely the Malaysian oppn will win and very unlikely they'll shut LAMP down if they do.
REE prices have stabilised and at a very profitable level for Lynas even during ramp up: "WE have used very high $24/kg cost in the ramp-up phase, which then gradually decline to $10/kg."
They've presold most of their product.
But I am very concerned about a possible meteor strike.
To quote Patterson's "Phase1 is complete and producing. Ramping...
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