LYC lynas rare earths limited

Mt Weld Rare Earths Project – Life of Mine Proposal, page-2

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    Going from 505 to 2802 ha is a very large increase.

    It was only 2 years ago that they requested another albeit much smaller increase:
    Attachment 7 to Statement 476 – Increase in the area of disturbance from 370 ha to 429 ha – an increase of 59 ha; and • An increase in the development envelope from 455 ha to 505 ha – an increase of 50 ha. – changes to proposal approved under section 45C on 16 September 2020.

    The list of changes reads like a reboot of the entire operation with a look toward long term sustainability both enviro and COP. And it looks like a ~40-50-year mine life is being targeted but not sure AND this is not even considering when the Murdoch U team finishes studying at the two recent 1-km cores

    From 05SEP2022 article:
    Lynas progresses Mt Weld growth plans (businessnews.com.au)
    https://hotcopper.com.au/data/attachments/4662/4662255-944932663e4c82f6904c0f1a83a8010c.jpg
    The announcements will keep coming and drive SP.
 
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