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 Jul 14, 2023 12:12pm

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Post# 35541386

Staggering demand

A fellow by the name of Chris Taylor was interviewed on Kitco today.
His company has an RE project in the early stages located in Canada.
He says the X-China demand in Rare Earths for defense use is or soon will be staggering.
One would never know by looking at the Lynas price chart.
He never mentioned Lynas but the interviewer did a coupe of times.
I think they plan to sell feedstock to Lynas for further processing.

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