So back in October 2004 Lynas released
A New Niobium Rich Rare Metals Resource at Mt Weld, WA
HIGHLIGHTS
- A globally significant niobium rich rare metals resource has been defined. This resource is separate and in addition to the Mt Weld Rare Earths Project
- The new 37.7 million tonne resource derives over 50% of its value from a mine grade of 1.07% Nb2O5 (niobium oxide). After by-product credits the equivalent niobium oxide mine grade is 2.1%.
- The scoping study economics indicate at 1 million tonnes mine production per annum a +35 year project life with capital cost estimated at US$350m, annual operating income of approximately US$85m, and net profit after tax greater than US$40m on an un-geared basis
WA1 is currently sitting at about $5.80 it would be interesting to see what affect another announcement from Lynas about further targeting Niobium production in addition to rare earth.....
- Forums
- ASX - By Stock
- Niobium
So back in October 2004 Lynas released A New Niobium Rich Rare...
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.32 |
Change
-0.030(0.47%) |
Mkt cap ! $5.902B |
Open | High | Low | Value | Volume |
$6.34 | $6.35 | $6.29 | $5.850M | 926.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
55 | 41805 | $6.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.32 | 30834 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
50 | 41725 | 6.310 |
43 | 59677 | 6.300 |
19 | 41540 | 6.290 |
9 | 17466 | 6.280 |
9 | 101859 | 6.270 |
Price($) | Vol. | No. |
---|---|---|
6.320 | 30252 | 21 |
6.330 | 31696 | 16 |
6.340 | 42665 | 15 |
6.350 | 28445 | 11 |
6.360 | 14772 | 8 |
Last trade - 14.52pm 16/07/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |