LYC 0.14% $6.99 lynas rare earths limited

News: LYC Malaysian uncertainties complicate Aussie miner Lynas' growth plans, page-2

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    Amanda Lacaze said Lynas has been weighing options to grow its business, which would likely mean expanding beyond its current processing facility in Malaysia.

    "Our expectations were (when) we got the report from the review committee and we would know exactly what we needed to do and we would map that out. Now we don't."


    However, Lacaze said the company's growth plan was not dependent on the issues it faces in Malaysia, but time spent dealing with the issues had put those plans on the backburner.

    "If we had not been doing that, we might be further down the path and thinking about growth options," she said.

    "We are now able to operate our asset at around 140 percent of the original design, and it comes from improving the efficiencies, optimising the design and making sure our recoveries are better," Lacaze said.
 
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