LYC 0.00% $6.40 lynas rare earths limited

"Great Western, on the other hand, is going downstream,...

  1. 468 Posts.
    lightbulb Created with Sketch. 1
    "Great Western, on the other hand, is going downstream, producing magnet alloy as a final product. The company has already signed a cooperation agreement with Aichi Steel, which is part of the Toyota Group. We have a Strong Buy on Great Western, and a CAD$3.50 target. We think there's an awful lot of room for that stock to move. "

    Lynas Corporation, on the other hand, is going downstream, and has initiated a joint venture with Siemens. In addition, it has established a Rare Earths Direct brand with the intention of purifying and seperating rare earth ores from other miners.

    "Great Western is the only player in the set that we feel has a completely defined plan for dealing with the radioactivity the operation will generate. Steenkampskraal was once a producing thorium mine. The mine is still a fully licensed and accredited thorium storage facility. "

    Lynas Corporation is another player with a comprehensive plan for dealing with the radioactivity that the operation will generate... through not producing enough radiation for it to be an issue. In addition, a comprehensive long term waste management will be handed over to the AELB in August. Lynas Corporation is the only player with IAEA approval.

    I felt like correcting those two points for him.

 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.40
Change
0.000(0.00%)
Mkt cap ! $5.982B
Open High Low Value Volume
$6.47 $6.48 $6.34 $20.28M 3.161M

Buyers (Bids)

No. Vol. Price($)
1 12848 $6.39
 

Sellers (Offers)

Price($) Vol. No.
$6.40 17965 2
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.