LYC 0.49% $6.13 lynas rare earths limited

Hello Cluong, nice thoughts. But I suspect that the Foreign...

  1. 1,308 Posts.
    lightbulb Created with Sketch. 250
    Hello Cluong, nice thoughts. But I suspect that the Foreign Investment Review Board will view Mt Weld as of strategic importance to Australia (one cannot allow elements essential for certain military systems to be controlled by ones potential economic or military enemies) and if so, any attempt by a foreign entity to aquire Mt Weld will be viewed negatively. The LAMP is a different matter, it is just a processing plant which can be built anywhere but Mt Weld is where it is and cannot be moved.
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.