LYC 0.51% $5.94 lynas rare earths limited

In response to this macro environment, Lynas has implemented a...

  1. 445 Posts.
    In response to this macro environment, Lynas has implemented a program to reduce operating costs and
    expenditure and is optimising production at the Phase 1 capacity level. Lynas intends to continue operating
    at this level until higher market prices are reached.

    Oh deary me! Does this say that they will not operate Phase 2 production line because of no contracts to fill?
 
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