Lynas Rare Earths Ord Shs LYSCF

Metals & Mining Industrial Metals & Minerals

Lynas Rare Earths Limited is an Australia-based company, which is engaged in integrated mining of rare earth minerals in Australia and mineral processing in Australia and Malaysia, and development of rare earth deposits. The Company’s operations include Mt Weld, Lynas Malaysia, Kalgoorlie and Lynas USA. It focuses on developing the Mt Weld resource, which includes ongoing exploration, production of mixed rare earths concentrates, and an expansion project to increase concentrate feedstock production to support 12,000 tons per annum of finished NdPr oxide. The Lynas Malaysia advanced materials plant is located on a 100-hectare site in the Gebeng Industrial Estate, a purpose-built petrochemical industry zone near Kuantan, on the east coast of Malaysia. Its rare earths processing facility in Kalgoorlie undertakes value-added processing of rare earths. The Company's subsidiaries include Lynas Malaysia Sdn Bhd, Lynas Africa Ltd, Lynas Kalgoorlie Pty Ltd and Lynas USA LLC.

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Lynas Rare Earths Ord Shs > No joy in mudville

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Comment by MaterialsManon Mar 05, 2023 8:10pm

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Post# 35320394

RE:No joy in mudville

Mudville may turn out to be an appropriate name for the location of the proceesing plant in Malaysia.
Apparently there have been massive floods in the city and surrounding area where the plant is located.
Maybe it will turn into a blessing if the plant gets shutdown. Pretty sure it would be a heck of a write off.
Of course they would have to move the Kalgoorlie plant along quickly while they stockpile a bunch of ore. Could get messy.

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