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Australian production of rare earths in 2018 was almost 0.019 Mt (Table 1, Table 2, Table 3). It came predominantly from Lynas Corporation’s Mount Weld mine in Western Australia with output in 2018 reported as 18 556 t of REO. Concentrates from Mount Weld are processed at the Lynas Advanced Materials Plant in Malaysia to produce REO products.
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Updated: 3 hours ago
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At the end of Tuesday’s session, the rare earth miner’s shares finished at $8.87, 4.35% above their previous close. Strength in the company’s share price helped Lynas set another new 52-week high of $8.95. With no announcements out, investors are forced to look at other potential catalysts for Tuesday’s record share price.
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David Lynas Consulting Ltd Titanic Suites 55-59 Adelaide Street, Belfast, BT2 8FE. E: [email protected] T: +44 289 072 6128
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Steve Lynas, UK HR director – Sunbelt Rentals UK See case study See all case studies “The best thing about working with People Insight is how well they know our organisation, and the expertise and support that’s relevant to where we are.
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The list of publicly traded companies that exclusively mine REEs outside of China is limited to MP Minerals Corp. (MP) and Lynas Rare Earths (LYSCF) and, since trade relations between Beijing and Washington began to turn sour in late September, their stock prices have jumped in price. MP Materials Corp. is UP +32.3%.
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