LYC lynas rare earths limited

Mountain Pass Processing Facility, page-15

  1. 2,524 Posts.
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    Yes, I think Shenghe takes all of MP's stuff.

    There is a lengthy legal history and contract changes and I haven't followed it fully, but it's currently something to do with paying something back, product or not and the arrangement is due to expire in the period that is around 2025. Excuse my vagueness - I don't recall the specifics and I can't find my older posts where I wrote it up. But in summary, they are contracted to each other pretty solidly.

    Of course, things can change, but that is where we are now.

    I haven't looked at the most recent quarterly stuff, but MP have generally been super cagey about their timelines for anything. I would only expect NdPr when they explicitly say anything about it and I think it's still some time away. Don't be holding your breath for "a few months" because the calendar ticks over. Give it a few lots of a few months just to be sure.

    https://investors.mpmaterials.com/financials/sec-filings/default.aspx is a good place to look and you'll start to pick up the specifcs there.
 
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