Sunday, March 20, 2011

Rare Earth: Australia's Lynas sees first ore at Mount Weld rare earths plant (LYC.ax; LYSCF)

A quick hit from Reuters:
Australia's Lynas Corporation said on Wednesday it expects the first feed of ore into the concentration plant at its Mount Weld rare earths project in Western Australia in the week starting March 31, provided there are no further weather delays.

The company said in a statement that the first feed of concentrate into the kiln at the Lynas Advanced Materials Plant in Malaysia was on schedule for the third quarter of 2011. (Reporting by Ed Davies)
Previously:

"...Is Lynas The Best Rare Earth Play?" (LYC.AX; LYSCF; MCP; AVL.TO; REE)

Rare Earths: What's in Your Mine? (MCP; REE; RES.tsxv; AVL.TO)

Rare Earth Metals: "Chinese Institutional Investors Look At Rare Metals Overseas" (AVL.TO: LYC.AX; MCP; UCU.V)
...America’s needs for light rare earths will be oversupplied by Molycorp as will Australia’s by Lynas in a massive way. For the heavy rare earths, America’s needs can be meet and exceeded  by Ucore Rare Metals and Rare Element Resources. The needs of China, Japan, Korea and India for heavy rare earths can be met by the Canadian and African operations of Great Western Minerals Group, the Canadian operations of Avalon Rare Metals or Quest Rare Minerals, and the southern African operations of Frontier Rare Earths and Tantalus Rare Earths...