"Western Australian mining company Lynas Corporation is conducting negotiations with Alkane Resources about a possible deal involving the supply of heavy rare earths. The talks could lead to Lynas processing heavy rare earths concentrates produced by Alkane at its Zirconia project in Dubbo, New South Wales. Alkane MD Ian Chalmers said Alkane is also conducting talks with other potential partners, including US-based Molycorp Minerals and Japanese and European companies
Read more: http://news.reportlinker.com/n09384382/Lynas-and-Alkane-work-on-supply-deals.html#ixzz1JBxPtIzc
It's only a matter of time before NTU does something similar imo...
LYC wouldn't be holding a 7% stake in NTU for nothing..
new 52 week high, page-28
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