Glimmers of a bright future amongst the doom and gloom... Amanda recent suggestion that Lynas have outgrown the lamp and ready to expand could be just the news we need.
A timely announcement that countries are invited to show expressions of interest for a new facility would set the cat amongst the pidgeons.
Even if the lamp renains, Malaysia will not want to see another country have a second LAMP because then there is competition for downstream business.
Also, a new facility would probably be more efficient design based on what’s been learnt at LAMP1 so would pose a threat of gradual winding down of Malaysian facility.
Just my opinion....
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Last
$6.37 |
Change
0.135(2.17%) |
Mkt cap ! $5.888B | |||
| Open | High | Low | Value | Volume |
| $6.34 | $6.38 | $6.28 | $6.182M | 977.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 13625 | $6.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.37 | 15674 | 42 |
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| Last trade - 13.22pm 11/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |