No It has been very apparent for several years. Just because Lynas hides it a little does not mean you should not have figured it out. First clue Letter intent was never talked about as it's expiration of one year came and went in May 2020. Second Texas plant was supposed to be complete in Fall of 2022 and not a word on what was going on. Not a word about what was happening in 2019, 2020, 2021 , 2022, Not hard to figure out.
Here is the MOU for Blue line, Paying just a little attention reveled most of what you claim you did not know. https://wcsecure.weblink.com.au/pdf/LYC/02106823.pdf
The original cost for all the projects was AU$ 500M. Now it is 1.2 Billion Yet seldom were we told of price increases From page one 5 year plane
"• Enhancing earnings from:
- A step change in production
- Improved portfolio pricing
- Continued flow sheet and cost efficiencies; and
• A $500m capital plan self-funded with the ongoing support of JARE"
• Enhancing earnings from:
Here is the plan from May 19 2019 https://wcsecure.weblink.com.au/pdf/LYC/02107222.pdf
Read it carefully then think about all the people that say Lynas project management is far better than others.
At the recent Q2 CC MP announced they are making first NdPrO For testing and evaluation now this is about 6 months behind original schedule but about 3 months ahead of schedule announced a year ago. Right now, costs are running behind original estimate. They should have HREO's metals and magnets long before Lynas Texas is complete, and we still do not have a date for that. If I missed it please tell me.
- Forums
- ASX - By Stock
- Mongolia to deepen cooperation with US on rare earths, prime minister says
LYC
lynas rare earths limited
Add to My Watchlist
0.65%
!
$10.74

No It has been very apparent for several years. Just because...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$10.74 |
Change
-0.070(0.65%) |
Mkt cap ! $10.04B |
Open | High | Low | Value | Volume |
$10.76 | $10.88 | $10.71 | $32.09M | 2.974M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 10604 | $10.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.76 | 2500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 10604 | 10.720 |
2 | 9289 | 10.700 |
1 | 13051 | 10.690 |
2 | 2121 | 10.670 |
1 | 1809 | 10.660 |
Price($) | Vol. | No. |
---|---|---|
10.760 | 2500 | 1 |
10.780 | 2121 | 2 |
10.790 | 31360 | 1 |
10.810 | 89 | 1 |
10.830 | 115 | 1 |
Last trade - 16.14pm 30/07/2025 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |