The balance of your query would take some time and effort to demonstrate, and then be subject to deletion if a Mod takes exception to one descriptive word, simply not worth it here.
Two simple points, they have been producing a wide range of LaCe product, partially due to the limitations of Ph1 designed 10 yrs ago, from basic unseparated carbonate to at least 5 lines of product to customer spec. Bear in mind Rhodia was reportedly spending $5kg @ La Rochelle to reprocess Chinese Ce & La before sending it downstream.
Commissioning larger SX8 circuit no doubt in preparation for higher recoveries of LaCe based on the presumption of additional calcification capacity to compensate Ph1 and the ability to grow hi spec, high value mkts.
Trying to be objective, biggest mistake you make is thinking in static terms, LAMP barely resembles what was built in 2012, LynasNext will pull all that together in quite spectacular fashion, production, quality, CoP.
LYC
Price at posting:
$2.58 Sentiment: Buy Disclosure: Held
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