LYNAS - Faktenthread, Analysen, Querverweise u. Meldungen zum Unternehmen (Seite 308)

[JoJo49]

Antwort auf Beitrag Nr.: 39.052.289 von Fuenfvorzwoelf am 03.03.10 18:05:23

- schaun mir mal -

http://www.vision6.com.au/ch/22416/2dv9y56/1156614/61c0e2rb2…

5 March 2010

Letter of Award – Mount Weld Concentration Plant

Lynas Corporation Limited (“Lynas”) (ASX code: LYC) today announced that it has issued a letter of award to Abesque Engineering Ltd (“Abesque”) for a lump sum contract to complete engineering design and construction of the Mount Weld Concentration Plant.
The lump sum contract will replace the existing separate engineering and construction works contracts with Abesque for the Mount Weld Concentration Plant. The existing contracts were based on schedules of rates, and so the move to a lump sum contract should reduce the risk of variations from budgeted costs.
The lump sum fixed price of the new contract will be A$36,232,733 (excluding GST). The figure of A$36,232,733 is within the Lynas budget and it represents the bulk of the Mount Weld Concentration Plant capital costs amount of approximately A$45.6 million referred to in the March 2010 Lynas Investor Presentation. The majority of the remaining amount is also committed under existing contracts.
The key target dates for the Mount Weld Concentration Plant are as follows:
(a)
Mobilization to site – April 2010;
(b)
First Ore Feed – December 2010.
A definitive lump sum contract is now being prepared for execution, based on the letter of award that has been executed by Lynas and Abesque.
Lynas’ Executive Chairman, Nicholas Curtis, stated “We are very pleased to have entered a new phase of our relationship with Abesque for delivery of the Mount Weld Concentration Plant. The move to a lump sum contract recognizes the strength of the relationship between Lynas and Abesque, and the quality of the work completed to date. The lump sum contract provides for completion of the Mount Weld Concentration Plant on time and within budget, which is excellent news for Lynas.”

About Lynas Corporation

Lynas owns the richest known deposit of Rare Earths, also known as Lanthanides, in the world at Mount Weld, near Laverton in Western Australia. This deposit underpins Lynas’ strategy to create a reliable, fully integrated source of Rare Earths supply from the mine through to customers in the global Rare Earths industry.

Development of the mine is complete and in November 2009 Lynas completed an A$450million capital raising to enable the completion of construction of the Concentration Plant at Mount Weld and an Advanced Materials Plant to process the Mount Weld concentrate through to final Rare Earths oxides in the Gebeng Industrial Estate, Kuantan, Pahang, Malaysia. Lynas has received all required approvals to construct both plants.
The company plans to become the benchmark for security of supply and a world leader in quality and environmental responsibility to an international customer base.
‘Rare Earths’ is the term given to fifteen metallic elements known as the lanthanide series, plus yttrium. They play a key role in green environmental products, from energy efficient compact fluorescent light bulbs (CFLs) to hybrid cars, automotive catalytic converters and wind turbine generators. They are also essential in the development and manufacturing of many modern technological products, from hard disc drives to flat panel displays, iPods and magnetic resonance imaging (MRI) scans.

For further information please contact Nicholas Curtis or Matthew James on [phone] or visit www.lynascorp.com

http://translate.google.com/translate?js=y&prev=_t&hl=de&ie=…


Grüsse JoJo

[Fuenfvorzwoelf]

Es gibt anscheinend ein Problem mit dem Deposit in Malawi.



Naja, wenn das flachfällt, nicht so schlimm. Es gibt noch andere Deposits, die man erschließen kann. Außerdem sind schlimmstenfalls ein paar Milliönchen weg.

http://www.nyasatimes.com/national/legal-wrangling-stalls-ma…

[JoJo49]

Es ist doch immer wieder interessant wenn man auf die Homepage von Lynas geht!
Lynas hat u.a. folgende Seite überarbeitet: http://www.lynascorp.com/page.asp?category_id=2&page_id=41

Advanced Materials Plant

Following the Company's announcement on 29 September 2009 of a fully underwritten issue of new fully paid ordinary shares in Lynas to raise $450 million, Lynas is pleased to confirm that the equity raising was successfully completed and the full amount of $450 million less expenses has been received.

The proceeds of the capital raising will be used to fund the completion of Phase 1 of the Lynas Rare Earths Project. This has enabled the Company to lift the suspension of the Project to complete construction and commissioning of both the Concentration Plant in Western Australia and the Advanced Materials Plant in Malaysia. All equipment and infrastructure vendors have been advised of the restart and engineering and procurement activities have resumed.

A key activity this quarter has been reviewing procurement, engineering and contracting strategies as well as construction methodologies and commissioning logic as inputs for establishing a revised schedule for the Advanced Materials Plant in Gebeng, Malaysia.

As a result of reviewing our contracting strategy during the quarter, Lynas has engaged United Group Limited’s Resources division (UGL) to complete the engineering, procurement and construction management through to the pre-commissioning stage for the Advanced Materials Plant. This engagement is via an Alliance Contract structure where the compensation arrangements embrace risk sharing through “gain–share” / “pain-share” arrangements based on performance criteria around forecast costs and completion dates.

ENGINEERING AND PROCUREMENT

UGL has mobilised its engineering and procurement teams. Priorities for the quarter included ensuring all design information was received from Ranhill WorleyParsons and reviewing the status of equipment drawings and vendor information. In addition engineering work in this quarter focused on advancing the 3-Dimensional engineering design model of the Advanced Materials Plant. Reviews of this computer model allow mitigation of potential construction clashes hence reducing on-site rework and overall construction timeframes.

All existing equipment vendor packages which were previously suspended have been restarted with no equipment delivery dates anticipated to be on the critical path.

CONSTRUCTION

The focus of this quarter was the alignment of engineering activities with construction planning to allow early works to proceed; specifically the completion of concrete works which will enable an early commencement of pre-engineered buildings, structural works and key mechanical activities within major process areas.

A pre-mobilisation and site facilities programme is being finalised with a local contractor to ensure infrastructure, security and access is set up prior to establishment of the main contractor on site.

The construction team shall mobilise in preparation for the recommencement of the construction programme in Malaysia scheduled for February 2010.

PLANT PROCESS

The Advanced Materials Plant in Malaysia will process the Rare Earths concentrate (raw material) to produce a suite of products comprising individual elements or mixtures of elements which can be used directly in selected industries or subjected to further downstream processing.


Rare Earths concentrate, which is the primary raw material for the plant will be obtained from the Mount Weld mine operations located near Laverton in Western Australia. The concentrate will be transported from Australia to the Port of Kuantan, Pahang, Malaysia.
Once in Malaysia, the concentrate will be transported from the Port of Kuantan to the proposed plant site within the Gebeng Industrial Estate which lies about 3 km northwest of the port.


The concentrate coming into the Plant is a safe material. It is non-toxic, non-hazardous and does not dissolve in water. It is stable and heavily oxidized and is non-reactive as it has been sitting in nature for millions of years in Western Australia. An independent Material Safety Data Sheet (MSDS) and toxicological study confirm that the material is not soluble and is inert. There is no risk to the environment or any marine life should any accidental spillage occur.


The concentrate will undergo two main stages of processing:
(1) cracking and separation, and
(2) product finishing.


In the first stage, the concentrate will be roasted with sulphuric acid in rotary kilns at high temperatures and atmospheric pressure and water leached to produce a sulphate solution. This solution will then be subjected to a series of solvent extraction systems for the extraction of the Rare Earths elements in solution.


The solution will then be further separated and purified into the final products (individual elements or mixed Rare Earths elements) in the product finishing stage. The finished products from the plant will be packaged and transported to the Port of Kuantan for shipment via containers to the Company’s global customers.


The Lynas Advanced Materials Plant is designed to the world’s best practice and meets all of the safety and environmental standards for Malaysia as well as Australian and International standards. The authorities, such as the Atomic Energy Licensing Board (AELB) and Department of Environment (DoE) monitor the operations closely to ensure full compliance.


The plant is designed such that no process water can be discharged without going through the wastewater treatment plant and meeting the AELB and DoE water quality standards. Stormwater on site is also closely monitored and captured. The stormwater system is designed for the worst-case monsoon downpour. This is based on a 100-year rainfall data.


As part of the processing of the concentrate, Lynas will produce three types of residues. To ensure long-term sustainability of our operations, Lynas has committed to convert the residues into safe, saleable products. Two types of residues have already been identified for gypsum and fertiliser applications. As for the remaining residue, Lynas has commenced research & development to convert the residue into safe, saleable industrial products. The research is being undertaken together with the local universities, Nuclear Malaysia and the Australian Nuclear Science and Technology Organisation (ANSTO).


Lynas has received all relevant authority approvals and licenses to set up the Advanced Materials Plant in Gebeng and these documents are publicly available and can be viewed in our office in Kuantan.


Lynas is subject to strict conditions by the AELB, one of which pertains to the end of the life of the plant where Lynas must obtain a decommissioning license that ensures no harm is made to the environment and the public and the safe storage of any remaining residues. Lynas has agreed to place a monetary security with the Malaysian government to ensure monitoring and management of any remaining residues.


Lynas strives for excellence in safety, health and the environment. We are committed to providing and maintaining a safe work environment and preventing injury, illness and impairment to the health of our employees, business partners and the community. We have also committed to minimising the impact of our business on the environment. For further information about our approach to safety, health, environment and the community, please view our Zero Harm and Sustainable Development section of the Lynas website.
http://www.lynascorp.com/page.asp?category_id=2&page_id=44
Übersetzt: http://translate.google.com/translate?js=y&prev=_t&hl=de&ie=…


Dabei werden auch die weiteren Standbeine von Lynas immer mehr in den Vordergrund rücken wie eine weitere von Lynas erworbene REE-Ressoerce in Malawi die Heute im australischem HC-Forum wie folgt besprochen wurde: http://www.hotcopper.com.au/post_single.asp?fid=1&tid=111943…
malawi (philh9)
Forum: ASX - By Stock (Back)
Code: LYC - LYNAS CORPORATION LIMITED ( 52c | Price Chart | Announcements | Google LYC)
Post: 5112920 (Start of thread) Views: 140
Posted: 03/03/10 14:34 Stock Price (at time of posting): 51.5c Sentiment: Buy Disclosure: Stock Held From: 121.218.xxx.xxx

This relates back to Sept 07.
The $4m purchase was made, anyone have more info on this ?

Lynas Corporation has acquired a fully permitted Rare Earths deposit located in Malawi, Africa
The deposit has an Inferred Resource of 107,000 tonnes of Rare Earths Oxide (REO)at an average grade of 4.24% REO, using a 3.5% REO cut-off grade, and remains
open at depth

Upon completion of the purchase Lynas will carry out geophysical and hydrogeological studies, as well as undertake a drilling program designed to provide drill core to confirm the grade of previous drill results and test the potential of increasing the resource. Lynas will also validate a concentrate production flow sheet based upon the BRGM, Multotech and Mintek test data and utilising the concentration plant designed and manufactured by Multotech

It is anticipated the concentrate may be further processed to separate Rare Earth oxides at the Lynas processing facility to be built on the east coast of Malaysia. Process test work shall commence to confirm the 60% REO concentrate will behave as expected during downstream processing. A program of work and an associated timetable is being established.


6 September 2007
Lynas Acquires New Rare Earths Resource in Malawi
http://www.lynascorp.com/content/upload/files/Announcements/…
http://translate.googleusercontent.com/translate_c?hl=de&ie=…

Weitere Standbeine sind die Phosphat Ressource und die IHMO gegenüber der REE Ressorurce noch höher zu bewertene Crown Polymetallic Ressource auf dem Mt Weld Feld.

Crown Polymetallic Resource
http://www.lynascorp.com/page.asp?category_id=2&page_id=5


Investor Presentation
http://www.lynascorp.com/content/upload/files/Presentations/…


Grüsse JoJo

[Fuenfvorzwoelf]

Antwort auf Beitrag Nr.: 39.029.811 von Optimist_ am 01.03.10 00:02:09

Zudem hält Morgen Stanley nun über 5% und ist ein Hauptaktionär von Lynas.

Stimmt nicht mehr.



Mon, 1 Mar 2010 17:20:00 +1000 7 hours, 59 minutes ago

TO: Gl293470005 Subject: Morgan Stanley Notice of Ceasing to be a Substantial Holder

http://wotnews.com.au/announcement/Lynas_Corporation_announc…

[VirtualNormann]

"Lynas Malaysia Sdn Bhd, the Malaysian operations for Australian-based Lynas Corp Ltd, has successfully obtained from the government the much needed supply of natural gas for the operation of its upcoming RM1.3 billion advanced materials plant in Gebeng, Pahang. A source close to the company said the supply of natural gas was crucial as other alternative sources of energy like liquefied petroleum gas (LPG) and electricity were not cost effective when compared to natural gas."

http://www.themalaysianreserve.com/SubPage.asp?pageid=3&even…

[JoJo49]

...und man erkennt dabei deutlich das Lynas mit riesen Schritten auf dem Weg zu einem profitalen Globalplayer von "Seltenen Erden" ist um mit den Mitteln daraus sich auf ein weiteres Standbein auch zu einem Glöbalplayer, in Bezug auch auf "Seltene Metallen", zu stellen.

http://www.themalaysianreserve.com/SubPage.asp?pageid=3&even…
Corporate Malaysia
Lynas snags LNG for rare earth oxide plant
01.03.2010, Monday
Lynas Malaysia Sdn Bhd, the Malaysian operations for Australian-based Lynas Corp Ltd, has successfully obtained from the government the much needed supply of natural gas for the operation of its upcoming RM1.3 billion advanced materials plant in Gebeng, Pahang. A source close to the company said the supply of natural gas was crucial as other alternative sources of energy like liquefied petroleum gas (LPG) and electricity were not cost effective when compared to natural gas.[/quote]

LYC Lynas Corporation Limited
March 2010
1st Investor Presentation - March 2010
http://stocknessmonster.com/news-item?S=LYC&E=ASX&N=482241


http://www.jackliftonreport.com/2010/02/rare-earths-are-stil…
Rare Earths Are Still Hot: Musings From Hong Kong

by Jack Lifton on February 26, 2010 · 20 comments
in Rare Earths

Rare earths are a “hot topic” in Southeast Asia. I’ve just arrived back from Hong Kong and Tokyo. In both cities I had private meetings with the clients of CLSA, a large Hong Kong based brokerage, which advises institutional investors. I also spoke at the CLSA “U” Forum in Tokyo where that company brings together sector experts to give analytical talks. Mine is “Rare Metals in the Age of Technology”.

I made a similar visit to New York City in December and next month I will be in Europe talking to a number of very large institutional investors. Let me give you a synopsis of what I am being asked and of my responses.

First of all I specialize in the market fundamentals and future use trends of the “technology metals.” These are the rare metals for which I have now published an operational definition, which has already been posted elsewhere at The Jack Lifton Report. I speak on the current production, the potential production, and the natural limits on production and production rates of a suite of metals that I tie together as the “technology metals.”

Yet invariably, in the last year in particular, I will be asked only about the rare earth metals. That is why I conclude that the rare earth metals are a hot topic among institutional investors.

Having studied the rare earth production sector for some time, I conclude and I tell institutional investors that the crisis in the supply of rare earths, now and into the near future, is one of finance and timing. Current rare earth pricing at the mine face is too low to make rare earth mining a profitable investment. This means that if a large investor in the development of a mine wants a return on his investment in less than several years, perhaps as many as 10 or as little as 3-5, then he should consider not investing in rare earth mining. There are some projected balance sheets that are much better than others, so that even with current prices they would be able to return a profit on a large investment within a reasonable short time. This in fact is the normal time frame for mining finance to bring in new production from existing or in-process operations.

For example, because Canada’s Great Western Minerals Group has a degree of vertical integration, which no other Western company similarly situated has at the moment, and because it has a relatively low cost for re-opening a former working thorium/rare earths mine in South Africa, then I think that an investment in GWMG could bring a good return within 3 years if all of the known issues are resolved favorably.

Last week I was informed that Mark Smith, CEO of Molycorp spoke recently of his cost of producing at Mountain Pass and that he stated that Molycorp could produce its Mountain Pass concentrate for a figure of what would be about one-half of today’s selling price. If this guidance is accurate, and I have no reason to doubt it, then Mountain Pass would be a good investment indeed, with a good prospect of short term return on investment and, based on past production, a good chance of large revenues.

In the long term Avalon Rare Metals will likely be the global major supplier of heavy rare earths from its Nechalacho mining facility at Thor Lake, when its development reaches the production stage. This does not mean that Avalon will supplant GWMG or Molycorp; it means that for North America to be self sufficient and to become a world supplier of “all” of the rare earths, it will need the Canadians and Mountain Pass to all succeed in both the short and long terms. If America itself is to become self-sufficient and to have the capability to export all of the rare earths, then it will need to add a source of heavy rare earths within the USA. I think that US Rare Earths, a private venture at the moment, has the right deposit for that (note: I am a paid business development consultant to US Rare Earths).

There are rare earth deposits at various stages of development outside of North America, in Australia in particular. Lynas of Australia is funded and on the way to mining and refining its rare earth ores outside of China within 2-3 years. In the world market it will compete fiercely with Molycorp but not with GWMG or eventually Avalon. The deposits of the Canadians are rich in heavy rare earths and although GWMG will most likely be the first to produce heavy rare earths outside of China, the eventual world supplier will be the massive deposits of Avalon. I predict however that China will remain the principal and by far largest user, and by 2015, the largest buyer (yes, I said buyer) of rare earth metals.

There are, notwithstanding recent ill-informed commentaries, significant minable deposits of heavy rare earth rich ores in Southern Africa. Some of these have been producers in the past, although not of heavy rare earths for which there was no market prior to the year 2000. One that I investigated while I was there recently, was producing thorium at one time; another was being developed when Chinese low pricing closed out the non-Chinese producers in the late twentieth century.

There are other large and small deposits claimed around the world, but the overwhelming majority of these are far, far, from production. None of them could be profitable at current rare earth pricing coupled with enormous development costs, but some of them are the world’s reserves for the future.

If rare earth pricing improves shortly, then the rare earth supply crisis will end within 3-5 years. Even if pricing does not improve there may yet be government subsidies in the USA for strategic purposes that will end the crisis within the USA. If neither of these contingencies occurs then no mining development in the rare earths will occur outside of North America and Australia, except for the potentially already profitable companies I have named above.

I have in recent months received thinly-veiled threats of legal action from certain rare earth juniors who claim that by not mentioning them, or by quoting from their written record, that I am in some way disparaging them. This is illogical and it shows significant ignorance of marketing dynamics. I welcome constructive criticism of any and all of my remarks; if I can be shown where I am wrong, I will publicly say so, and will adopt your reasoning and conclusions. This is what reasonable people do.

The rare earth supply crisis is entirely man-made, and it can be, must be, and can only be resolved by the actions of men and their bankers and leaders.

Next week I’m in San Francisco. I’ll report from there.

http://translate.google.com/translate?js=y&prev=_t&hl=de&ie=…

Nicht nur an der nachfolgenden Anmerkung im neusten Bericht von Jack Lifton sonder vor allen Dingen an dem zum Teil übertriebenen bzw. untertriebenen Beschreibungen und teilweise vollkommenden weglassen von Firmen/Minen/Ressourcen, wie z.B. Arafura, erkennt man wieder deutlich welcher Herkunft Jack Lifton ist und welchem Land er sich verpflichtet fühlt, das ist zwar sein gutes Recht doch IHMO hat er dieses mal damit deutlich übertrieben.
(note: I am a paid business development consultant to US Rare Earths)

Da heben sich die tabelarischen Darstellungen von Lynas in ihrer neusten
Investor Presentation vom 1.März 2010 wohltuend ab.

@ eine erfolgreiche Woche

Grüsse JoJo

[Optimist_]

Grossartig gemachte Präsentation von Lynas, die keiner weiteren Erklärung bedarf. Hier ist alles drin was man wissen muss um das Potential ab- und die Lage einzuschätzen.

http://www.asx.com.au/asxpdf/20100301/pdf/31p06j9qm3nkx0.pdf

Zudem hält Morgen Stanley nun über 5% und ist ein Hauptaktionär von Lynas.

[JoJo49]

LYC Lynas Corporation Limited
February 2010
26th Becoming a substantial holder
http://stocknessmonster.com/news-item?S=LYC&E=ASX&N=482163

@ ein schönes WE

Grüsse JoJo

[JoJo49]

Antwort auf Beitrag Nr.: 38.986.102 von Teufelsturm am 22.02.10 15:41:35

Kein Problem und das mit der Kursentwicklung zu der weiterhin positiven Entwicklung von Lynas und deren Umfeld wird IHMO so sicher kommen wie das Amen in der Kirche.

Konferenz am 17-18 März 2010 in Washingtin DC zum Thema:

Technology and Rare Earth Metals for National Security and Clean Energy

Securing America's Technology Metals Supply

Lithium, Rare Earth Elements and other technology metals are critical ingredients in the world’s most sophisticated devices, ranging fromadvanced weapons systems to renewable energy and clean technology applications. Despite the strategic importance of these elements, and domestic availability, America is almost entirely dependent on a few foreign sources.

TREM '10 will not be a standard industry gathering.

TREM '10 is a gathering of senior government policy makers and influencers, technology companies from the minerals, defense, energy and automotive sectors. Together, they will discuss and change the policies that affect the way America imports, produces and uses technology metals. This is your best opportunity to influence the policies that will enhance the security and diversity of lithium, rare earth metals, and other technology metals.

You will explore and understand the implications of America's growing dependence on imported technology metals and help craft a roadmap outlining the steps to ensure their security and diversity of supply. This roadmap will be distributed to Senate, Congress and US Government agencies to help formulate policies to secure the nation's supply and enhance domestic production.

u.a. sind Lynas und Arafura beteiligt: http://trem10.memberlodge.org/
http://translate.googleusercontent.com/translate_c?hl=de&ie=…

16:00
The Importance of Imports: The Case for a Diverse International Supply

Session Chair: Dr. Gal Luft

Matthew James, Vice President Corporate & Business Development, Lynas Corporation
Steve Ward, Managing Director and CEO, Arafura Resources

Don Ranta, President and CEO, Rare Element Resources
International Trade

http://translate.googleusercontent.com/translate_c?hl=de&ie=…

bei Lynas auch einfach mal auf den Batten klicken: http://translate.googleusercontent.com/translate_c?hl=de&ie=…

http://translate.googleusercontent.com/translate_c?hl=de&ie=…


Grüsse JoJo

[Teufelsturm]

Antwort auf Beitrag Nr.: 38.982.968 von Teufelsturm am 22.02.10 08:21:52

Sorry, hatte nicht gemerkt, das ich im Faktenthread bin. MOD bitte löschen.