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 Jan 13, 2024 7:51am

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Post# 35824940

For comparison

MP (NYSE), considers itself to be a major competitor to Lynas.
Both have about the the same MC.
Lynas's sales ran about 700 million last year, at close to a 50% margin. P/E is about 7.
MP is projected to have about 50 million in sales this year. Little if any profit. I think their current P/E is negative.
Lynas processes it's own rare earths.
MP has to send theirs to China from what I can tell.
MP trades about 3 million shares a day in the U.S.
LYSCF trades about 50 thousand.
It doesn't make sense to me that both companies have about the same market cap.
Pehaps U.S. investors that want a rare earths play don't even realize that Lynas exists.

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