Lynas contracts are going to be getting much higher than those spot prices, in a perfect world the majority of Lynas product should be sold at contract rates.
As the Lynas team have mentioned many times in the past, being held hostage to china set spot prices is not where Lynas want to be..
p.s. and yes I know the downside of being mainly "contract prices" means massive upticks in sport prices means Lynas may loose out .. BUT as AL has mentioned in the past they have tried pricing their contracts such that Lynas wont be at a disadvantage![]()
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Lynas contracts are going to be getting much higher than those...
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