"i think recent price developments are worse than tol issues. in fact lynas might even welcome delays cause in the current debt situation they can't afford to lose money on production..."
at the current a downturn trend of rare earth prices clearly be as a fact, but according to a report that
LYC's actual production costs are very surprising
low .
Source: China's most authoritative RE net --- "China rare earth" (http://www.cre.net/)
Reported article in "China Economic Information Daily"
(Original Chinese:http://www.cre.net/show.php?contentid=104112) English translation:
Baotou, a person in charge of this rare earth enterprises, he accept a interview by the reporter of "the Chinese economic Information Daily", who said that he and some entrepreneurs of Chinese RE industry have recently investigated Australia's RE project in Australia and Malaysia. "I went to Australia's Lynas RE plant in Malaysia, its proportion of construction over 10 times large then Baotou RE regulation mode, and the modernization has very high advanced degree , and the RE's content grade of LYC's RE mine in Australia has so richness that we have been marvellous unthinkable and it's production costs has only just 2 AUD/kg, a very competitive advantage cost... '
"it's production costs has only just 2 AUD/kg"
Maybe the meaning is the purely cost of LAMP's production?
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