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Lynas Rare Earths ADR LYSDY

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.


OTCPK:LYSDY - Post by User

Post by MaterialsManon Nov 28, 2023 9:56am
174 Views
Post# 35756042

Bandwagon

BandwagonIt seems that a lot of fledgling Rare Earth exploration companies are flooding the 'news release' sector with announcements.
A lot of times, when this happens, it is indicative that the minerals they are sniffing around for (in this case, rare earths), are considered a hot item. Lithium is a good example. 
Unless investors in these juniors know about ex china companies like Lynas, they haven't a clue as to how difficult and time consuming it is to reach production stage.
This may be an indication that ex China Rare Earths will come onto the scene.
The wild card is for how long the U.S. and other western countries continue to source from China, in spite of the fact that they say they no longer want to be dependent on China.
IMHO
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