LYC 0.78% $6.35 lynas rare earths limited

News: LYC Get cracking: Lynas scouts for rare earths plant to meet Malaysian demands, page-11

  1. 994 Posts.
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    No this is interesting:

    'Lynas Corporation says two Malaysian companies are interested in building a chemicals plant in Western Australia to support new early stage processing facilities'

    And

    'Managing director Amanda Lacaze said the cracking and leaching plant would be built with the capacity to process concentrate from third-party sources as a number of new players look to enter the rare earths space where Lynas is the only significant supplier outside China.She said Lynas had a watching brief on emerging rare earths miners in Australia and it was prudent to build the cracking and leaching plant with the capacity to handle material from sources other than Mount Weld.'

    In AFR today (apologies if posted earlier)
    https://www.copyright link/companies/mining/lynas-flags-malaysian-twist-on-chemical-supply-20190829-p52lw6
 
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