This may be good news for Lynas, while a plentiful supply of RE’s is nice, Lynas has figured out that cracking and leaching must be performed with the output of processed RE’s proportionally equal to the input. In other words it is nice to have a supply but it is nicer to know what to do with it…
I think many of us remember when the headlines trumpeted the underwater RE supply discovered in Japan which was going to put Lynas out of business. The share price took a brief hit but quickly recovered as the truth became known, rare earths are everywhere...
It is my guess that Amanda will continue organic growth but pursue new processing and supply growth through M&A (merger and acquisition). To do that, these juniors will need IP, experience and guidance. Lynas is in the perfect position to capitalize on these areas making the Turkey announcement positive for Lynas at least at some level… JMHO...
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