patience, page-3

Regarding Patience: 'email to Lynas & there response'

Shareholder question: 'I would really like to know what the board are doing about the delay being caused by the Malaysian government. They are dragging Lynas into a mess that is surely costing millions per week and we shareholders are paying for it. What are our board doing about it?'

Lynas response: Lynas being a listed company, is obliged to disclose the same level of information to the market generally as it discloses to any individual shareholder.

Cash burn rate and strength of the balance sheet are critical metrics within our operations, especially at these times while we await the TOL. The Lynas Board monitors and manages these issues closely.

We understand the frustration of shareholders concerning the TOL for the Malaysian plant. We assure you that we are working very hard on this issue and are in regular communication with the relevant authorities. We need all stakeholders to be patient as we work through what has become a complex political issue in Malaysia. Once there is material news concerning Lynas and the issuance of the TOL, we will update the market accordingly.