Lynas Posts Qtrly NDPR Production Of 1,504 REOt
July 23 (Reuters) -Lynas Rare Earths Ltd LYC.AX:
QTRLY NDPR PRODUCTION 1,504 REOT
QTRLY TOTAL REO PRODUCTION 2,188 REOT
QTRLY SALES REVENUE A$136.6 MLN
DURING JUNE QUARTER, RAMP UP OF KALGOORLIE FACILITY CONTINUED
MINING OPERATIONS RECOMMENCED AT MT WELD IN JUNE QUARTER
MARKET PRICES REMAINED LOW IN QTR DESPITE A SLIGHT IMPROVEMENT IN CHINA DOMESTIC DEMAND
PROCESS PERFORMANCE MODIFICATIONS UNDERTAKEN AT LYNAS MALAYSIA
MODIFICATIONS UNDERTAKEN AT LYNAS MALAYSIA TO PROGRESSIVELY WORK TOWARDS 10,500 TONNES PER ANNUM PRODUCTION CAPACITY ARE ON TRACK
CO AND BHP WORKING ON CONTINGENCIES FOR CONTINUED ACID SUPPLY TO KALGOORLIE AND PLANS WILL NOW BE FINALISED FOR IMPLEMENTATION
Further company coverage: LYC.AX
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