Thank you for posting this interesting report andy.
" Jim Sims, Molycorp’s vice president of corporate communications, stated that the company expects to achieve its planned phase 1 run rate of 19,050 mt per year in the fourth quarter of 2012, mechanical completion of its phase 2 production capacity by the end of this year and phase 2 production capacity by mid-2013. Sims stressed that the actual rate of production for next year will, however, depend upon customer demand and “other factors.”
An interesting corporate title. I wonder when Lynas Corporation will elevate its 'corporate communications' responsibility a bit... ( on the other hand, no doubt our company's corporate salary bill - and overall debt level - is a lot lower....
LYC Price at posting:
60.5¢ Sentiment: Hold Disclosure: Held
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