I wonder what Goofy and ausheads (with their horse shoes) have to say now, after all their down ramping of NTU!!!!!!
The "Australian" business pages today states that Lynas' first half profit was only $19M, down a huge 63% from last year!!!!
And there is concern that LYC will be able to operate beyond Sept 2 2019.
At least if they close down the plant, built at a price of about $800M!! the Australian mining operation could
continue to output raw material to be processed by NTU in Australia.
The full report is on page 20.
News: LYC Lynas auditor flags 'material' risk due to Malaysia waste export timeline, page-8
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