Before exiting, on 11/11/22, I wrote:
"Bottom Line: In my humble opinion the Dy shortage is increasingly a downside risk for Lynas as it hobbles the magnet market Lynas seeks to support and ultimately depends on.
The underlying logic is not arcane. The need for Dy may be decreasing as researchers move forward, but it currently stands as absolute and that makes sourcing from China an absolute necessity for Lynas's customers: ex-Chinese magnet makers. It is Dy availability not Dy cost that makes the current situation unsustainable.
Is the LYC share price also hobbled? imho, yes. Primarily because more investors would understand an investment thesis based on the refining of the full range of rare earth elements; the one-stop shop. I also suspect the continuing and well-publicized diminution of the ex-China magnet industry (how quickly the mighty have fallen!) is a significant cause for concern and that can be helped by providing secure stable supplies of all elements required to address the major magnet markets and demand growth.
I do not think it is too late but it is late and I am not wanting to wait another three-plus years for the possible US operations to be producing Dy.
Go Dy or Die!"
NEW BOTTOM LINE:
https://www.mining.com/web/lynas-targets-malaysian-first-production-of-heavy-rare-earths-in-cy25/
Big news! The news I have been waiting for. DyTb from reconfigured SX at Malay ops. This was a new buy signal for me.
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