Lynas Nearing Production of Rare Earths at Malaysian Plant

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Australian rare earths miner Lynas Corporation Limited (ASX:LYC) has announced it is ready to come up with its first product samples by February, even as it has yet to win over one more pending legal battle concerning its Malaysian plant facility.

In its second quarterly report, in the three months to December, Lynas said it generated 15,200 dry tonnes of concentrate from its Western Australian operations, which contained 5,410 tonnes of rare earths oxide (REO) that are ready for export. At the same time, some of these rare earths concentrates have arrived at its Lynas Advanced Materials Plant (LAMP) in Malaysia.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Commodities

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