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    LYNAS - Faktenthread, Analysen, Querverweise u. Meldungen zum Unternehmen (Seite 317)

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     Ja Nein
      Avatar
      schrieb am 18.11.09 15:19:51
      Beitrag Nr. 371 ()
      Antwort auf Beitrag Nr.: 38.408.686 von aktionaer-froehlich am 18.11.09 11:01:52Nachdem Seltene Erden nicht an den Rohstoffbörsen gehandelt werden, läuft das ganze so wie z.B. beim Uranhandel:

      Langfristige Lieferverträge zu Festpreisen, die zwischen Verkäufer und Abnehmer verhandelt und festgelegt werden.

      Freundliche Grüße
      supernova
      Avatar
      schrieb am 18.11.09 11:01:52
      Beitrag Nr. 370 ()
      Werden diese langfristigen Abnahmeverträge zu gegenwärtigen Festpreisen oder zu zukünftigen Tagespreisen abgeschlossen?
      Was ist in dieser Branche üblich?
      Avatar
      schrieb am 18.11.09 07:21:39
      Beitrag Nr. 369 ()
      LYC Lynas Corporation Limited
      November 2009
      18th Hong Kong Rare Earths Conference Opening Address 18/11/09


      http://stocknessmonster.com/news-item?S=LYC&E=ASX&N=469680
      http://translate.google.com/translate?js=y&prev=_t&hl=de&ie=…
      ...
      ...
      Seite 20 bis 35:

      Mr Nicholas Curtis
      Opening Presentation
      5th International Rare Earths Conference
      18 November 2009
      Hong Kong


      (Cover Slide)

      A very good morning to everyone. Lynas Corporation is proud to be the lead sponsor of the Metal Events and Roskill International Rare Earths Conference. In its fifth year running, this Conference has established itself as THE Conference for the Rare Earths industry and Lynas is proud to be associated with it.
      It has been a remarkable year, a year when the world appears to have finally appreciated the significance of our Rare Earths industry and the vital role these elements play in our society today. However, 2009 has certainly been a challenging year for the industry and the global economy in general.
      (Slide 3)
      Today, I would like to discuss our observations on the demand and pricing of Rare Earths, the anticipated supply realities, Mineral Scarcity within the Rare Earths industry and from our perspective the required characteristics of new supply sources. I will also discuss the Lynas approach and experience and how we may work together as an industry.
      (Slide 4)
      Over the past year, real GDP growth for 2009 in the three OECD regions was expected to be in the range of 1.3 to 1.6%, but by June 2009, the US, the Eurozone and Japanese economies were expected to shrink by 2.8%, 4.2% and 6.4% respectively.
      The key industries utilising Rare Earths were hit hard.
      Comparing year to date 08 to 09 figures - the decrease in overall automotive industry sales was 27%, even hybrid car sales were down by 14%, consumer electronics sales decreased by 8% and oil consumption decreased by 4%.
      Lynas estimates Rare Earths consumption in 2009 within the “end applications” to be approximately 110,000t of REO. Representing at decrease of over 10,000t of REO in 2008.
      Slide 5)
      However due to the economic uncertainty in 2009 and the desire for all companies to preserve cash, 2009 was a year where inventories through-out the supply chains of these industries were run-down. Rare Earths “Raw Material” purchases dropped substantially from late 2008.
      I believe we will get an overview of the Japanese Rare Earths industry at the presentation tomorrow morning, however Japanese import statistics for the first 6 months of the year, over the last three years, gives an insight into how the purchase of Rare Earths raw material from commodity suppliers by the application manufacturers dropped in 2009.
      Lynas estimates raw material demand shall drop by a further 20,000t of REO due to this inventory destocking, resulting in our forecast of 90,000t REO raw material demand for 2009.
      (Slide 6)
      So what has been the impact on the price over this period?
      Prices dropped to a floor and somewhat stagnated
      The chart here shows the Mt Weld basket price, the average price based on the Mount weld distribution using prices on a FOB basis.
      (Slide 8)
      There has been a positive side to the Global Financial Crisis.
      Active government stimulus around the world, including strong support for the automotive industry, has enabled governments to ensure that the importance of ‘green technologies’ is emphasised.
      The automotive industry is now undergoing a technological revolution as great as any in its history, centring around the significant uptake of part or full electric cars.
      Renewable power is a high priority - there is an emerging trend for wind turbines to switch from geared electromagnetic induction wind turbines to direct-drive permanent magnet turbines. Given the growth rate of new turbines plus the replacement of existing older machines, it is expected to translate into 3,000 to 5,000 tonnes of additional Neodymium demand by 2014.
      The Compact Fluorescent Lamps growth rates as we know, has been driven by government legislation.
      (Slide 9)
      This chart shows the relationship between the US hybrid car sales and the average Rare Earths prices, and reinforces the key points made so far:

      Application demand dropped from second half of 2008 and into 2009

      Prices trailed but followed the same pattern until a floor price was reached

      When applications sales began recovery, prices did not move – inventory destocking occurring.

      See effects of government stimulus package “cash for clunkers in US hybrid sales”
      (Slide 10)
      So where to from here?
      For 2010, assuming that recovery continues, we are expecting application demand to be similar to 2008 levels, over 120,000t REO
      We also anticipate that inventory shall return to traditional levels.
      The combination of these are forecast to boost demand for raw materials to over 140,000t REO in 2010.
      The applications will continue to support growth in demand, and I will leave Roskill to give forecasts beyond 2010.
      This demand is good news for our industry, however …..
      (Slide 11)
      ….the reality is, the industry is likely to be facing a shortfall in the supply of these materials.
      The current Chinese suppliers, Baotou, Sichuan and the Southern Ionic Clay deposits provides for approximately between 85 and 115,000t REO.
      Baotou has limited growth potential, and potentially struggling to maintain these levels on present processing route due to the relocation of iron mining within the Baotou region.
      For Sichuan, there have been reports of delays in the Sichuan start-up until the end of 2009 and the suggested capacity is 10,000t REO.
      It is very difficult for the industry to get accurate figures for the Southern Ionic clay deposits, but a number of industry sources indicate around 35,000 – 55,000t
      We estimate the non-Chinese sources, including recycling – mostly from manufacturing processes – are at most 15,000t REO
      In addition the Chinese supply capabilities are affected by a number of Chinese Government policies.
      There is Production Quota. The total Production Quota for 2009 is 82,320t, some 3,000 to 33,000t lower than current production estimates. The policy also states that there will be no prospecting or mining licenses for Rare Earths until mid next year.
      Once produced there is Export Quota – some make reference to the fact that official export figures are less than the Export Quota – however more recently a Chinese government official formally made reference to the fact that a third of Rare Earths exports from China in 2008 were made without Export Quota, hence highlighting a smuggling problem with the nation’s Rare Earths industry.
      Availability of Export Quota was an issue in 2007 and 2008, reflected by the escalating costs of Export Quota at this time. And while the market has seen relief from this issue in 2009, it is likely to be a major industry concern in 2010.
      (Slide 12)
      So given the likely supply shortfall in 2010 what elements are most at risk? What are the element pinch points?
      If we assume a scenario of global production status quo plus Sichuan coming on stream we get to 120,000t of supply.
      Based on the earlier 140,000t REO raw material demand forecast, which was built up by application and by the Rare Earths used in each of the applications, we forecast a shortfall in the light Rare Earths.
      This may surprise some. However as I noted earlier prices are starting to increase, and if we consider the Asian Metal FOB price changes between mid July 09 to 6th November we see:

      Cerium oxide up 17%

      Lanthanum oxide up 28%

      Praseodymium oxide up 39%

      Neodymium oxide up 40%

      All heavies decreased except Dysprosium oxide which was up 8%
      (Slide 13)
      Let’s take an example and look in more detail – Cerium oxide, the most abundant of the Rare Earths.
      Total production under the previous supply scenario is 35,250t REO
      The estimated raw material demand for 2010 by application (including inventory restocking) is shown here:

      The average hybrid battery composition is lanthanum rich compared to the natural distribution in Rare Earths but the mischmetal still contains more cerium than lanthanum.

      Whilst I am sure we can debate the finer details, at 25% the forecast total shortfall is significant
      (Slide 14)
      So why the general concern in the industry regarding the supply of heavy rare earths?
      A more probable supply scenario is a large reduction Rare Earths production from Southern ionic clay mining given that current production is 3 to 5 times the mining quota for this region…
      At 20,000t REO this scenario is still double the production quota but reflects a necessary reduction in the region. Total production in this scenario is 95,000t REO.
      In this scenario the supply imbalance extends to the heavy Rare Earths and is more severe, although there are significant shortfalls forecast across the board for 2010.
      (Slide 15)
      What we are anticipating here is “Mineral Scarcity” – a shortage occurs when supply as a function of time can no longer keep up with demand as a function of time.
      Therefore the ultimate resource in the ground is not the issue, what is important is time to production.
      We have reached this point in the Rare Earths industry where growth forecasts on the current market size are greater than new supply coming to market.
      This is likely to be a feature of the rare earths industry for at least the next five years as current resources are struggling to maintain production, and there is a lack of well advanced new projects in the pipeline.
      The two, which are advanced at this point in time, are Lynas with mining complete and a plant under construction, of which you will here more about later today, and Molycorp with an existing mine and infrastructure which requires restarting.
      (Slide 16)
      So what enables a new Rare Earths deposit to come on stream as a supply source?
      We believe there are two key characteristics:
      1.
      Amenable geology and mineralogy at sufficient grade to mine and concentrate at reasonable cost. Physical concentration is required unless there is a very high value REO distribution
      2.
      The deposits and processing routes need to be environmentally sound.
      o
      Beach sand monazite is banned from processing in many regions in Australia, China, Europe due to the relatively high levels of actinides to lanthanides.
      o
      From 1982, Rare Earths were recovered from tin tailings in Malaysia in a joint venture between a Malaysian company and a large multinational company.

      The ratio of actinides to lanthanides were high and the environmental practices were not appropriate.

      The operation was closed in 1994 but not before a legacy was left by this historical operation which has given Rare Earths a bad name in Malaysia.

      Lynas has addressed community concerns as we are building our Rare Earths separation facility there – and we are only able to do this due the very low level of actinides in Mount Weld material combined with state of the art environmental systems.
      This industry cannot afford to get a bad reputation environmentally as many of our products go into energy efficient and environmental protection applications.
      For any new supply source, it is approximately a five to ten year journey from resource definition to initial production.
      (Slide 17)
      Moving on to Lynas’ high level strategy.
      We plan to have multiple-mine sources for concentrate, suppling a processing hub with exceptional infrastructure in Malaysia.
      The industrial infrastructure at the Gebeng Industrial Estate is world class – the plant site has good access to chemical industrial land, utilities and re-agents from local suppliers. It also has convenient access to the port which can handle containers, bulk and chemicals.
      Apart from the industrial infrastructure, Malaysia also has excellent knowledge infrastructure with trade and technical skills and chemical industry experience.
      In Malaysia the regulators are accountable and there is a clear legal framework. Foreign Direct Investment is strongly supported - Lynas has been granted the “strategic pioneer status” with a 12 year tax free period.
      Whilst Lynas intends to stay focused on the commodity end of the value chain, East Coast Malaysia represents an attractive choice for downstream partners – which today is more competitive than the east coast of China for chemical processing plants.
      (Slide 18)
      Lynas has had its own share of obstacles this year. As many of you would be aware, investors in our original project funding structure blocked the release of the necessary funding earlier this year.
      Lynas looked for an Industrial partner as the financial markets were closed. While there were interests from Japan and Europe, they could not actually make any commitment amidst the Global Financial Crisis.
      A major turning point for the Company was when Chinese Non-ferrous Metal Mining Group, or CNMC, came forward with a full commitment for both equity and debt raising. The transaction unfortunately was cancelled in September this year as the Australian Foreign Investment Review Board sought additional undertakings which were unacceptable to CNMC.
      With the equity markets having had some time to recover Lynas announced at the end of September a fully underwritten issue of new shares to raise A$450 million. I am pleased to say this has now been completed
      These funds will enable the Company to lift the suspension of the Rare Earths project and complete construction and commissioning of both the Concentration Plant in Western Australia and the Advanced Materials Plant in Malaysia.
      So, how can we as an industry help each other accelerate supply to help meet demand?
      The demand and supply issues within the Rare Earths market are much more well-understood by the press, the end application customers and the capital markets today than even a year ago.
      Ironically the proposed CNMC acquisition of 52% of Lynas, which was ultimately derailed by the FIRB, gave rise to many column inches of coverage in papers around the world.
      The news of the Chinese Ministry of Information and Industrial Technology “white paper” suggesting certain Rare Earths were recommended to be banned from export added fuel to the fire
      There is capital available for the right projects, but in this industry the capital pool is not deep. It is in all of our interests to ensure this capital reaches those projects which can bring supply confidence to the market.
      This heightened awareness will penetrate into all aspects of our industry. As an industry, we can collaborate with each other rather than trying to build the whole value chain from mine, concentration plant and separation plant – let those who want to focus on exploration explore,
      those that want to be mining focused companies mine and produce concentrate, and those which have completed the process engineering for separation be the processors.
      An industry wide association is needed to help facilitate this.
      (Slide 19)
      So, in summary:

      2010 is forecast to be a year of application growth and inventory restocking

      Supply is a function of available production not resource in the ground

      Mineral Scarcity is likely to be a characteristic of the industry for at least the next five years

      Future Rare Earths supply chain must be environmentally sound

      We should all work together to promote our industry through an International Rare Earths Association






      18th Hong Kong Rare Earths Conference - Presentation 18/11/09
      http://stocknessmonster.com/news-item?S=LYC&E=ASX&N=469681
      ...
      ...
      Seite 23:
      In Summary


      The Company has raised funds for the completion of Phase 1 for 11,000t REO.

      The Rare Earths project has recommenced and initial production currently anticipated for first half of 2011.

      Infrastructure and utilities have been scaled for 22,000t REO and we expect to progress to Phase 2, 22,000t REO, upon completion of Phase 1.

      Supply contracts have been signed and we are now able to consider further supply commitments for the remaining products of Phase 1 and Phase 2.

      ...
      ...


      Grüsse JoJo :)
      Avatar
      schrieb am 17.11.09 07:48:42
      Beitrag Nr. 368 ()
      LYC Lynas Corporation Limited
      November 2009
      17th Ceasing to be a substantial holder

      http://stocknessmonster.com/news-item?S=LYC&E=ASX&N=469380

      Heute auf HC gepostet, eine Veranstaltung die Aufzeichnet wie wichtig das Thema "Seltene Erden/Metalle" inzwischen auch in Nordamerika, auf Grund der weltweiten Marktlage und der Verknappung durch China, geworden ist:
      http://www.hotcopper.com.au/post_single.asp?fid=1&tid=104097…
      rare earths, rare opportunity (snuff)
      Forum: ASX - By Stock (Back)
      Code: LYC - LYNAS CORPORATION LIMITED ( 51c | Price Chart | Announcements | Google LYC)
      Post: 4738994 (Start of thread) Views: 234
      Posted: 17/11/09 02:18 Stock Price (at time of posting): 52c Sentiment: LT Buy Disclosure: Stock Held From: 219.77.xxx.xxx


      Rare Earths, Rare Opportunity – The China-Canada Stand-Off.

      Date: Thursday, November 19, 2009

      Time: 6:30pm – 8:00pm

      Venue: Chamber Boardroom, Suite 1301 Kinwick Centre, 32 Hollywood Road, Central

      Price: Members: HK$150, Non-Members: HK$ 200

      Speaker: Donald S. Bubar, M.Sc., P.Geo, President and CEO.

      Price includes presentation, wine and snacks.


      Rare earths, once known only to industry insiders, have blasted onto the headlines recently around the world. Increasing demand for these high atomic weight rare metals for use in new technologies for green and high-tech products have made their production contentious on the world stage. Production is 98% monopolized by China who recently announced that they would move to an end of exports. This brings a whole range of future technologies into China’s control. The colour green in flat screen TVs? Rare earth. The key ingredient in power and carbon saving catalytic converters for the auto industry? Rare earth dependent. Next-gen computer hard drives? Rare earth. Cell phones, electric car batteries, lasers, military technology – all rare earth dependent.



      Canada’s mining prowess can now come to bear as panicked tech companies like Mitsubishi, Toyota and even the US Department of Defence seek new sources of rare earth, fearing a China chokehold on their business. Defense News claims that China is not only consolidating control of their own rare earth mines, but quietly buying them up worldwide. Canada is one of a few players in this field that will see investment in new mining companies and projects. Project financing, IPOs and more will be needed to support development of this new wave of development. Donald Bubar is an industry insider who has recently come into the spotlight as the world wakes up to the rise of rare earths. He will explain the industry, opportunities and answer questions in this off-the-record session with The Canadian Chamber.



      Don Bubar, P.Geo. is a geologist with over 30 years experience in mineral exploration in Canada. Mr. Bubar is a graduate of McGill University, (B.Sc., 1977) and Queen’s University (M.Sc., 1981). From 1984 to 1994, he worked for Aur Resources Inc. where as Exploration Manager, he was involved with the discovery of the Louvicourt copper-zinc deposit, Val d’Or, Quebec in 1989.



      Since 1995, Mr. Bubar has been President and CEO of Avalon Rare Metals Inc. a TSX-listed junior resource company focused on rare metals exploration in northern Ontario, the Northwest Territories and Nova Scotia. He is married with two boys now in university and hopes they will both pursue careers in the mineral industry.



      Mr. Bubar is also a Director of the Prospectors and Developers Association of Canada (PDAC) and was instrumental in the creation of its Aboriginal Affairs Committee in December, 2004. He continues to Co-Chair the committee which advocates for greater co-operation between exploration companies and aboriginal communities.


      Grüsse JoJo :)
      Avatar
      schrieb am 16.11.09 10:07:29
      Beitrag Nr. 367 ()
      Heute von einem User auf HC veröffentlicht: http://www.hotcopper.com.au/post_single.asp?fid=1&tid=104028…

      Forum: ASX - By Stock (Back)
      Code: LYC - LYNAS CORPORATION LIMITED ( 52c | Price Chart | Announcements | Google LYC)
      Post: 4735509 (Start of thread) Views: 150
      Posted: 16/11/09 11:44 Stock Price (at time of posting): 51c* Sentiment: None Disclosure: Stock Held From: 61.14.xxx.xxx



      The Rare Earth Metals, Uranium, and Thorium: All Commonly Found Together; And All Desired By China

      Nov 15, 2009 02:37 PM | about stocks: RHA, LYSCF.PK, AVARF.PK

      I listened yesterday, November 14, 2009, and I think, if you have an interest in investing in the development of rare earth supply chain dynamics, you should also listen to an audio clip that had first been broadcast the day before yesterday on the ABC, the Australian Broadcasting Company, and is now available on the Internet at http://www.abc.net.au/rn/breakfast/stories/2009/27 41501.htm

      I'm certain that the above clip was edited out from an almost full hour show that ran on the ABC yesterday, Saturday, November 14, 2009, and was a good survey of the current issues in the market fundamentals (i.e., the current supply and demand situation) of the rare earth metals. The nearly hour long show is on the Internet at

      http://www.abc.net.au/rn/backgroundbriefing/storie s/2009/2738774.htm

      The first clip cited above helped me to understand why the Chinese mining industry is interested in the Australian miner, ARAFURA, which I do not mention in my surveys, because, although it is one of the very few "listed" companies with a rare earths' deposit, known as the Nolan's Bore deposit, it is, to the best of my understanding not ready to go forward due to open issues with its "metallurgy." This is the term used in mining to describe the chemical engineering processes needed to economically extract the desired minerals from the mined ore concentrates and then to separate them into their constituent elements in a form in which they can be further processed to usable materials. The main issue is always economics.The metallurgy must finally result in products that will sell for more at that point than they cost to produce. It is very important to note that an environmental issue can have an economic impact on a project that makes the ultimate cost prohibitive even if the chemical processes involved do not on their own make the costs prohibitive.

      This comes out strongly in both of the clips above as the Lynas Chairman, Mr. Nick Curtis, alludes to the problems caused for ARAFURA by the fact that their Nolan's Bore ore body contains both of the naturally radioactive elements, uranium and thorium.

      An environmental commentator then uses inflammatory words such as "dirty" and "dangerous" to describe what he calls the historical mining of the rare earths (anywhere) through their extraction from formations known to geologists as monazite mineral sands, in which, as Mr. Curtis points out correctly, thorium is always found along with the rare earths.

      The commentator goes on to tell us that the citizenry of Darwin, Australia is "concerned" with a plan by ARAFURA to "dump" rare earth processing residues from Nolan's Bore containing "yellowcake ( a common name for the yellow uranium oxide U3O8 ore known as carnotite when found alone) on an island in Darwin harbor. He doesn't mention, or if he does, I didn't note it, the final destination of the thorium from the Nolan's Bore operations.

      I'd like to point out to my readers that I didn't know of the Darwin island scheme or that the radioactive residues were such an issue until I heard the ABC commentator and Mr. Curtis' comments during the last two days, but I must admit that I take a different view from theirs.

      Perspective is the key to objectivity. So, what is the Chinese perspective on all of this?

      China is very interested in uranium for current use and in thorium for future use in nuclear reactors to produce electricity for civilian use without the need to burn fossil fuels. In addition China seeks uranium for its military programs. China last year instructed its domestic rare earth processing plants to hold all thorium produced as a byproduct for government use. This has always been the requirement in China for any uranium produced anywhere.

      I'm certain that the current Chinese minority shareholder in ARAFURA would be willing to buy and export to China all of the uranium or thorium produced in Australia by ARAFURA (or anyone else) at market price.

      I am not confusing China and Chinese mining companies here; they are one and the same with regard to their primary focus on growing China's economy. I do not see any need to name individual Chinese entities at this point in the discussion.

      Mr. Curtis and well known Australian rare earth expert, Dudley Kingsnorth, who once worked for Lynas, both point out that Australian monazite deposits were the source of 25% of the world's rare earths in the 1970s and 1980s and that the thorium (and uranium?) contained in them caused their then refiner, France's Rhodia, SA, to ultimately transfer their processing where possible to China where it was said on the program that environmental controls were less stringent.

      What was not said was that until the LYNAS refinery being built in Malaysia is ready-in, perhaps 2-3 years-any ore concentrates produced in Australia by anyone will have to go to China also, even those produced by Lynas, should anyone want to refine them. Mr. Curtis indicated that LYNAS ore does not contain thorium. What he failed to note that even if it does contain thorium and uranium those elements will be recovered either in China or in Malaysia.

      What also was not said by anyone on the show was that neither of the Australian deposits has significant amounts of the higher atomic numbered rare earths, dysprosium, terbium, or europium. Interestingly enough the show mentioned those rare earth elements frequently, but failed to mention that they are not present in Australian deposits in any significant amount. The "heavies" come only from China today, but I think they will soon be coming from Canada, the U.S., and the Republic of South Africa.

      I'm going to discuss the topic of the relative importance and the relative value of rare earth deposits in a lengthy article to appear in "The Jack Lifton Report" next week after I discuss "who's going to win the race to be the first to produce the heavy rare earths outside of China?" next weekend, November 22 at the Hard Assets Conference in San Francisco at the downtown Marriott. Come by and talk to me at the expert round table there or, if you can't, be sure to read The Jack Lifton Report, www.jackliftonreport.com, next Monday, November 23.

      The linkage of the rare earths, thorium, and uranium needs to be taken into account by those who are looking to produce rare earths or invest in their production.
      Themes: rare earths, uranium, thorium Stocks: RHA, LYSCF.PK, AVARF.PK




      Grüsse JoJo :)

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      Avatar
      schrieb am 16.11.09 07:07:03
      Beitrag Nr. 366 ()
      http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode…
      What Are Rare Earths?

      http://www.lynascorp.com/page.asp?category_id=1&page_id=25
      Der REE-Preis zieht an vom Q2 2009 von 9.70 auf 10.75U S$/kg zum 16/11/09


      LYC Lynas Corporation Limited
      November 2009
      16th Ceasing to be a substantial holder

      http://stocknessmonster.com/news-item?S=LYC&E=ASX&N=469204


      Grüsse JoJo :)
      Avatar
      schrieb am 13.11.09 09:41:42
      Beitrag Nr. 365 ()
      Wieder große Umsätze von Lynas bei der ASX in den vergangenen Tagen, aber wie man aus dem nachfolgendem Link ersehen kann steht Lynas damit nicht alleine da.
      http://www.asx.com.au/data/shortsell.txt

      http://www.abc.net.au/news/stories/2009/11/13/2742155.htm?se…

      Rare metals tensions about to get heavy

      By Stan Correy for Background Briefing

      Posted Fri Nov 13, 2009 1:46pm AEDT



      Ein Kommentar aus HC: http://www.hotcopper.com.au/post_single.asp?fid=1&tid=103887…

      the lynas decision (andyjamesh)
      Forum: ASX - By Stock (Back)
      Code: LYC - LYNAS CORPORATION LIMITED ( 50.5c | Price Chart | Announcements | Google LYC)
      Post: 4728491 (Start of thread) Views: 176
      Posted: 13/11/09 10:58 Stock Price (at time of posting): 52c Sentiment: None Disclosure: Stock Held From: 61.14.xxx.xxx


      The Lynas decision

      From the Freehills website

      On 24 September 2009, China Nonferrous Metal Mining (CNMC) terminated its proposal to acquire a 51.6 per cent stake in Australian rare earths minerals company, Lynas Corporation, after FIRB sought to impose undertakings on CNMC limiting its ownership in Lynas to less than 50 per cent, and reducing the number of director positions to be held by CNMC to less than half of the Lynas Board.

      One possible explanation of why FIRB took a tough stance in the Lynas proposal is because of concerns about China—which currently accounts for approximately 93 per cent of production of rare earth minerals—looking to control the global market for these strategically important minerals in order to conserve its own declining reserves.



      @ ein schönes WE

      Grüsse JoJo :)
      Avatar
      schrieb am 12.11.09 07:12:28
      Beitrag Nr. 364 ()
      LYC Lynas Corporation Limited
      November 2009
      12th Section 708A Notice

      http://stocknessmonster.com/news-item?S=LYC&E=ASX&N=468851

      Grüsse JoJo :)
      Avatar
      schrieb am 11.11.09 08:13:17
      Beitrag Nr. 363 ()
      http://stocknessmonster.com/stock-quote?S=LYC&E=ASX

      Ein Handelsvolumen von über 41 Mill. Aktien bei einer Kurssteigerung von 11.6% das sind unter Einbezug der Faktenlage, wie u.a. nachfolgend aufgeführt, IHMO gute Voraussetzungen für die Zukunft.


      LYC Lynas Corporation Limited
      November 2009
      11th Completion of Equity Raising Announced on 29/9/09

      http://stocknessmonster.com/news-item?S=LYC&E=ASX&N=468792
      http://translate.google.com/translate?js=y&prev=_t&hl=de&ie=…

      11th App 3B- Final Portion of Equity Raising Announced on 29/9/09
      http://stocknessmonster.com/news-item?S=LYC&E=ASX&N=468668


      Grüsse JoJo :)
      Avatar
      schrieb am 09.11.09 11:19:49
      Beitrag Nr. 362 ()
      Antwort auf Beitrag Nr.: 38.344.698 von JoJo49 am 09.11.09 07:06:22Nachtrag:
      LYC Lynas Corporation Limited
      November 2009
      9th Appendix 3B - Exercise of Options

      http://stocknessmonster.com/news-item?S=LYC&E=ASX&N=468466

      Grüsse JoJo :)
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