It's really pretty simple. By doing a partial La/Ce discard and other means, the production costs per unit NdPr have decreased. A great result. That certainly doesn't mean they are walking away from Ce/La products or trying to maximise their value.
"Whilst NdPr production decreased by 8%, in a year when we undertook a major works program at Lynas Malaysia, total costs reduced by 17% in FY24 vs FY23, a reflection of the continued focus on capturing efficiencies across the business. "
News: LYC Lynas Rare Earths' annual profit slumps around 73%, page-32
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$6.99 |
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Mkt cap ! $6.552B | |||
| Open | High | Low | Value | Volume |
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| LYC (ASX) Chart |