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$7.10 lynas rare earths limited

News: LYC INSIGHT-American quandary: How to secure weapons-grade minerals without China, page-16

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bluesamurai

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27/04/20

08:51

Post #: 44270125
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Originally posted by bluesamurai: ↑

Interest in rare earth processing is white hot now that the US Government has woken up to their tenuous position , this will be addressed as a matter of priority now. With LYC being supported by the administration there is Australian involvement. Broken Hill Prospecting BPL is in a great position between both proposed plants with large prospect in Arizona being evaluated at the moment , the big plus for this resource is that there is no radioactive problems making it attractive to these companies IMO.
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https://www.prnewswire.com/news-releases/mp-materials-north-americas-only-rare-earths-producer-awarded-contract-from-dod-to-accelerate-us-production-of-critical-materials-to-support-national-defense-301045761.html

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Related article.

https://www.wsj.com/articles/pentagon-invests-in-strategic-metals-mine-seeking-to-blunt-chinese-dominance-11587924001

LYC Price at posting: $1.54 Sentiment: None Disclosure: Not Held
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