I think we should keep this in perspective to the rest of the rare earth miners.
If we assume that its the worst case scenario and it takes 12 months - then really its only an engineering issue. bummer about the delay
But in the meantime the result seems to be that rare earth prices will increase as i don't think anyone else is any nearer to production. So the pack might be closer but i think Lynas would still be at the front of rare earth miners in terms of readiness for production.
Anyone else ready to go in the next 12 months?
who else is in the running?
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Last
$6.51 |
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0.170(2.68%) |
Mkt cap ! $6.085B | |||
| Open | High | Low | Value | Volume |
| $6.44 | $6.55 | $6.43 | $12.35M | 1.897M |
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| Price($) | Vol. | No. |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| LYC (ASX) Chart |