News: LYC UPDATE 1-Backed by Australia govt, Iluka greenlights $750 mln rare earths refinery, page-113

Another hugely important advantage Lynas has, which can only be gained through years of experience, is recoveries.

Initial REE recoveries in the concentrate process was in the mid-60s%, but through continuous development and improvements, we are now somewhere in the 80ish %. This IP is something no other ‘up-and-coming’ miner/producer have. This is made even harder by the fact there are very few resources (if any) with the size/TREO content of Mt Weld.. Heck, even out tailings contain more TREO than most resources.

No matter what the presentations and slides say from essentially every up-and-coming miner/producer, they are going to get a serious reality check.. You can easily add multiple years onto their production plans.