LYC 0.00% $6.40 lynas rare earths limited

News: Lynas to cut costs , page-20

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    "potential cutting of jobs"

    Incorrect statement.

    I can confirm no cutting of jobs 100%. All Lynas staff are specifically trained by Rhodia and valuable to the company. Staff trained by Lynas acquire a very specialized skill set and can not be easily replaced as staff that work say, at an iron ore plant. A rare earth engineer is much much harder to find than an engineer that works in other commodities industry.
 
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