Japan is not only a financier. They are Lynas's only customer and they have a paid-for offtake contract that leaves Lynas with no mag metals to sell anyone for 18 years. In such a situation, it would be expected that financier and customer would work together with supplier per contractual fine print written by Japan until the customer-financier is made whole.
Lynas has never made the amount of NdPr that Japan has paid for. Underperformance always comes at a price and that price can be very steep indeed.
USA Rare Earth & MP, page-33
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LYC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.41 |
Change
0.010(0.16%) |
Mkt cap ! $5.982B | |||
| Open | High | Low | Value | Volume |
| $6.46 | $6.47 | $6.37 | $2.727M | 424.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 16880 | $6.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.42 | 9138 | 17 |
View Market Depth
| Last trade - 10.25am 15/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |