Advice at the AGM late November was potential loss of December production due to Malaysian Govt refusing to extend annual production quota, that loss was quantified at 400t NdPr.
That would equate to production shutting down ~10th Dec and resuming with 2019 quota 1st Jan.
The positive statement from the AGM was that given the significant lift in recoveries from LynasNext 2019 production targets 7200tpa NdPr will be met without any increase in quotas, should Yeo Inc desist with their economic sabotage we can only guess potential beyond that at this point.
Advice at the AGM late November was potential loss of December...
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Last
$6.74 |
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-0.080(1.17%) |
Mkt cap ! $6.300B | |||
| Open | High | Low | Value | Volume |
| $6.83 | $6.85 | $6.67 | $15.08M | 2.242M |
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| No. | Vol. | Price($) |
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| 1 | 70897 | $6.74 |
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| Price($) | Vol. | No. |
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| $6.75 | 3296 | 2 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| LYC (ASX) Chart |