LYC lynas rare earths limited

Mountain Pass Processing Facility, page-8

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    MP Materials Reports Second Quarter 2021 Results 08/05/2021

    “As we continue to drive strong performance in our Stage I operations, we are making steady progress on our Stage II Optimization and remain on-track to deliver our first full year of separated NdPr production in 2023.” Litinsky continued, “In addition, our Stage III team is making significant progress on our strategy to repatriate magnet manufacturing in the United States, and we intend to announce the site of our initial facility this year.”

    https://mpmaterials.com/Press-Releases/MPMCQ22021ERFINAL.pdf?_cchid=c5d43c98c4182ef5e5dc7d1f249c3591

    Mountain Pass are Lynas's biggest competition outside of China and it is only a matter of time before they process rare earths in the US.
 
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