Australian (ASX) Stock Market Forum

LYC - Lynas Rare Earths

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rcw1 said:
Good evening
LYC rocks....
No announcements....

7 bucks again. Been awhile ...

Not holding.

Have a very nice week end

Kind regards
rcw1

View attachment 177059
Click to expand...
@rcw1 Good evening 'ol mate
Back in the defunct days I loved LYC traded it very consistently and did pretty well.
These days more watching and not playing the investing game.
Tied up a lot of coin last year with a new hay mower and another truck.
Alas the necessities of a farming lifestyle.
As Rabbito used to say, the pot is empty" at present anyway.
 
farmerge said:
@rcw1 Good evening 'ol mate
Back in the defunct days I loved LYC traded it very consistently and did pretty well.
These days more watching and not playing the investing game.
Tied up a lot of coin last year with a new hay mower and another truck.
Alas the necessities of a farming lifestyle.
As Rabbito used to say, the pot is empty" at present anyway.
Click to expand...
Yes was wondering what you were up to m8 with trading...

Wonderful, them LYC fast trading days .... @DrBourse learnt plenty ha ha ha ha the lad just loves LYC ha ha ha ha
Hope all is well farmerge with you and the family in the West bloke. Had a couple quiet ones ha ha ha during the Football at Suncorp.. gotta slowed down --- naaaaaaaaaaaaaaa she'll b right

Kind regards
rcw1
 
rcw1 said:
Yes was wondering what you were up to m8 with trading...

Wonderful, them LYC fast trading days .... @DrBourse learnt plenty ha ha ha ha the lad just loves LYC ha ha ha ha
Hope all is well farmerge with you and the family in the West bloke. Had a couple quiet ones ha ha ha during the Football at Suncorp.. gotta slowed down --- naaaaaaaaaaaaaaa she'll b right

Kind regards
rcw1
Click to expand...
@rcw1 Life is pretty good these days.
Plenty of work and getting all quotes accepted this year.
Unbelievable.
Hiked up prices and still getting the nod.
Buying the new gear has slowed the thrill of the ride but after this year hoping the hard earned will be back in the back pocket again !!!!
 
farmerge said:
@rcw1 Life is pretty good these days.
Plenty of work and getting all quotes accepted this year.
Unbelievable.
Hiked up prices and still getting the nod.
Buying the new gear has slowed the thrill of the ride but after this year hoping the hard earned will be back in the back pocket again !!!!
Click to expand...
nice
take care.. gotta get some shut eye. LYC rocks ... :)

Good night m8

Kind regards
rcw1
 
Good evening
Chart update ... reminder to LYC believers ...

1717068423861.png
 
LYC down to $6.16 (9.30 AWST).

Gina Rinehart bought 5% of LYC 3 weeks ago at $6.25 I seem to remember.

Will she add at this price or wait for a possible further fall.

Is it worth selling an August put at say $5.50 for some premium ? If it falls further just roll out (and down) if the position gets threatened ? Or get assigned at a price lower than Gina bought for ?

Or is lithium going lower ?

Is this the bottom or is there still full capitulation yet to come ?

Gunnerguy.
 
I've read elsewhere that these heavy rare earths are prized and are one of the strong suit cards that China holds over the West. I think I recall that these heavies are in NTU's resource inventory? And NTU had some sort of alliance going with Iluka (ILU)

Not Held

"Lynas Rare Earths has announced its Malaysian arm will become a producer of two new separated heavy rare earths (HRE) as soon as next year.

A new process will produce separated dysprosium (Dy) and terbium (Tb) at Lynas Malaysia for the first time and will complement Lynas’ existing light rare earths product range.

Dy and Tb are both essential to high performance rare earth permanent magnets used in electric vehicles and high-tech applications such as micro-capacitors which are essential to all electronic devices.

Currently, Dy, Tb and other HRE oxides from Lynas’ Mount Weld ore body are sold as a mixed HRE compound known as SEGH."
www.australianmining.com.au

More rare earths from Lynas Malaysia

Lynas Rare Earths has announced its Malaysian arm will become a producer of two new separated heavy rare earths (HRE) as soon as next year.
www.australianmining.com.au www.australianmining.com.au
 
Good morning LYC believers,

Some positive developments. The plan to syphon away Chinese Heavy Rare Earths superiority and dilute their monopoly is well under construction. What is not recognised fully, for mine, is the fact LYC is so far ahead of game than its competitors.

Announcement on Thursday:
Lynas Malaysia is targeting first production of two separated Heavy Rare Earths (HRE) products in the 2025 calendar year.

Expected and nice work really. Heavy Rare Earth separation is problematic.

Article published in the AFR on Friday, by Brad Thompson, sets the scene for bigger and better things. Kindly conduct your own due diligence.

Lynas to break China’s heavy rare earths stranglehold​

Lynas Rare Earths will break China’s stranglehold on the supply of materials essential in modern weapons systems and other industries in a move that underlines the company’s growing importance to the United States and other Western nations.

Lynas told investors on Thursday that it was targeting first production of two heavy rare earths – dysprosium and terbium – from its Malaysian processing plant next year.
The Lynas breakthrough comes just weeks after the federal government ordered funds associated with Chinese conglomerates to divest shares in another ASX-listed heavy rare earths company, Northern Minerals. The company’s Browns Range project in Western Australia will supply Australia’s first fully integrated rare earths refinery.

Labor has begun taking a harder line on Chinese investment in the critical minerals sector as it looks to grow domestic processing and develop supply chains. The Lynas heavy rare earths ore will be sourced from the company’s Mount Weld mine in Western Australia, complementing its production of light rare earths materials, and cement its position as the world’s biggest non-China supplier of the critical mineral.

Lynas currently sells dysprosium and terbium and other heavy rare earths oxides from Mt Weld to China as a mixed heavy rare earths compound. Managing director Amanda Lacaze said Lynas was poised to break the Chinese monopoly on heavy rare earths and lessen the threat posed if Beijing opted to cut off supply to the US and its allies.

“All high-performance motors need some degree of heavy rare earths, and at present, the only source is China,” she said. Ms Lacaze said the reconfiguration of one of the solvent extraction circuits at the Kuantan plant in Malaysia would allow Lynas to process heavy rare earths ore from Mount Weld as well as ionic clay deposits in Australia and potentially Malaysia.

The new circuit is designed with capacity to separate up to 1500 tonnes of mixed heavy rare earths compound a year, and is being built at a cost of $25 million. Dysprosium and terbium are essential to permanent magnets used in electric vehicles and high-tech applications for all electronic devices.

Lockheed Martin, for instance, uses the heavy rare earths in its F-35 fighter jets.

China banned the export of rare earth extraction and separation technologies in December in a move to protect its market dominance, and has previously threatened to cut off supply to the US.
The US military is funding a Lynas downstream processing plant in Texas, and the company must be able to supply both heavy and light rare earths as part of that deal. Ms Lacaze said uncertainty over Lynas’ licence to operate in Malaysia had played a part in delaying a move into heavy rare earth separation at its Kuantan plant.

“Now that we’ve got clarity on that, then our pathway for investment is clear,” she said. It will also enable Lynas to start producing dysprosium and terbium much sooner than it could from a plant in Texas. “The plant in Texas is a larger plant, and it is a greenfield site, so it will necessarily take longer to complete that,” Ms Lacaze said. “In Malaysia, we have a brownfield site, and we have the ability to do this very cost effectively by repurposing existing equipment.”

The move could also see Lynas reconsider mine plans at Mount Weld, with the focus potentially shifting to areas holding more heavy rare earths. It might also prompt the company to bid for one of the ionic clay players listed on the ASX.

Asked about the prospect of consolidation in Western rare earths supply in April, Ms Lacaze left the door open for a deal between Lynas and Las Vegas-headquartered MP Materials, which both have mining billionaire Gina Rinehart as a major shareholder.

“We have talked about the value of having a Western rare earths champion with real critical mass,” she said of the merger discussions, which were first revealed by The Australian Financial Review.

“For whatever reasons, as it turned out the time was not quite right, but that doesn’t mean that it won’t be at some stage.”
 
Good evening LYC believers,

Top Brokers believe LYC undervalued...

MSN

www.msn.com

Ord Minnett currently has a buy rating and $8.00 price target on Lynas shares;
Bell Potter put a buy rating and $7.80 price target; and
Goldman Sachs has a buy rating and $7.50 price target

1720177018580.png

EDIT: 15 minute chart
1720177424449.png


Have a very nice weekend.

Kind regards
rcw1
 
Good morning
LYC 1/4erly release today (23/07/24) da numbers are not real flattering when compared with quarter 4 FY23.

Just getting head around it all.
SP down 2.4%

Have a very nice day, today.

Kind regards
rcw1
 
Good morning LYC believers
Couple analyst comments published today via News Corp Media:
Lynas cut to Hold: CLSA
Lynas cut to Hold: Canaccord

Have a good day, today.

Kind regards
rcw1
 
Good morning

What are analysts saying about LYC?​

Jarden Securities: Lynas cut to Hold
Jefferies: Lynas raised to Outperform

Kind regards
rcw1
 
Good evening
The first ASX 200 share that Goldman is very bullish on its rare earths producer Lynas. The broker thinks investors should focus less on the short term and more on its bright long-term outlook. It said:

With the global neodymium (Nd) & praseodymium (Pr) market dominated by China (~70-80% of production), Lynas is an important ex-China source of NdPr. With the commissioning of LYC's Kalgoorlie facility underway and the recent 3-year extension to LYC's operating licence in Malaysia, [analyst] Paul Young believes investors should look through FY24 considering it is a transitional year.
Click to expand...
Goldman has a conviction buy rating and $7.30 price target on its shares.

rcw1 likes to see LYC $7.00 plus ... Not holding.

1725531798207.png
 
So much can go wrong with this that I'll only buy it if noone wants it.
Just checked and Greg Canavan has a hold rec on it. He's up 9% since putting a buy on it in March 2023.
 
Good afternoon

LYC dilly dallying around abit but like to see 7 + bucks SP...
Anyways, latest rcw1 chart for a month:

Not holding
Do trade



1726203762886.png
 

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