Lynas Rare Earths ADR LYSDY

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 ADR

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Post by MaterialsManon May 07, 2023 10:08pm

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Post# 35435740

No worries!

In a w/e announcement, it appears that the Malaysia thing will not interrupt production. This should open much higher on Monday morning. In fact, it looks as if Malaysia will remain part of the picture.
This is really good news.

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