Comments on: October 2012 Updates To The TMR Advanced Rare-Earth Projects Index

By: vlad

vlad — Sat, 17 Nov 2012 06:28:04 +0000

Hi Gareth! What is the prospect of the world on projects of rare phosphogypsum in your opinion?

I mean, what do you know about the projects extraction of rare earths from phosphogypsum?

By: Gareth Hatch

Gareth Hatch — Tue, 13 Nov 2012 07:22:14 +0000

@vlad: can you give some examples?

@Tim Ainsworth: my tables show the numbers for the overall resources, not any associated reserves, which are a subset of the resources, being that portion that is deemed to be economically viable.

The centralized trading platform in China is not yet up and running (technical glitches, or so they say). I’ve also not seen any of the REOs increase in price so I’m curious now as to where Lynas gets its pricing… That said, there are some interesting anomalies when you look at metal rather than oxide prices.

Sounds like you’re in Hong Kong, Tim? If so – be sure to find me and say hello.

By: Tim Ainsworth

Tim Ainsworth — Tue, 13 Nov 2012 02:56:00 +0000

Hi Gareth,
Perhaps I’m confusing the terminology but I can’t reconcile your data for Lynas CLD in the first table against the recent resource upgrade from Lynas: http://www.lynascorp.com/content/upload/files/Mt_Weld_Reserve_Upgrade_Sep12_final_1148884.pdf
Re an earlier comment on Sm, note that China FOB pricing has adjusted from 75% of the Nd price to 40% since Q2. Still out of sync with China domestic so perhaps further adjustment to come.
Also following REO prices on the Lynas website the last two updates have shown a slight increase in China domestic, perhaps an encouraging sign that the trading platform and other measures are starting to have an influence. Looking forward to hearing Kingsnorth’s thoughts on demand tomorrow.

By: vlad

vlad — Mon, 12 Nov 2012 12:21:16 +0000

Hi Gareth! What is the prospect of the world on projects of Rare phosphogypsum in your opinion?

By: Gareth Hatch

Gareth Hatch — Sun, 11 Nov 2012 14:48:14 +0000

@Raelene McFadyen: No-one wants to see pollution and contamination in their locality, and the Malaysians have every right to scrutinize what Lynas is doing there. However, I have yet to see any evidence that the new facility in Malaysia is going to cause such pollution or contamination. On the contrary, the materials that I have seen, from a variety of third parties, indicate that this will be an exemplary facility if run properly.

@blackjack: information is key, for sure.

@Guy Richie: apologies if I missed a prior comment. Could you remind me to which country you are referring?

By: Guy Richie

Guy Richie — Sun, 11 Nov 2012 10:35:13 +0000

Hi Gareth,
Thanks for all the necessary information and data provided; however, do you have any idea about the ree situation in my country as i humbly asked you last time?

I am eager to get any investors in this feel if you have got some links.

By: blackjack

blackjack — Sun, 11 Nov 2012 04:27:59 +0000

Raelene

it is obvious from your post that u have not read the reports from the 6 authorities that have ruled lynas as safe.

if you also look at a google map of the area you will see that there are dozens of factories and refineries (petronas being one) that operate in the same area as lynas.

the bananas in malaysia contain more radiation than lynas products and your mobile phone radiates your brain more than the bananas

By: Raelene McFadyen

Raelene McFadyen — Sun, 11 Nov 2012 03:10:36 +0000

Hello Gareth’ your tabling of Ree projects makes a concise summaary of data, thanks. What is the possible furure of Lynas?? I feel for the local people who don’t want to live with contamination – I certainly would not. When researching Lynas I saw no mention of radioactive substances in the ore – otherwise I would not have bought the shares. Should the govt compensate the co. and Lynas leave Malasia??