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LYC, LYNAS CORPORATION LIMITED
blacksheep
post Posted: Dec 6 2018, 06:27 PM
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In Reply To: blacksheep's post @ Dec 4 2018, 07:13 PM

QUOTE
"Lynas must remove radioactive residues from Malaysia" - where's it going/who will accept?

AFR article covers in this article

Lynas faces $60 million radioactive waste transport bill

QUOTE
If Lynas decides to return the waste to Australia, which is the preferred solution of its critics in Malaysia, regulatory challenges will begin with cross-border transport.


QUOTE
The Australian Radiation Protection and Nuclear Safety Agency (ARPANSA), the federal agency tasked with radiation safety and nuclear safety, said that once on Australian soil, state regulations on transport kick in.


read more - https://www.afr.com/business/mining/rare-ea...20181206-h18toh



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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Dec 6 2018, 12:26 PM
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In Reply To: blacksheep's post @ Dec 5 2018, 02:25 PM

Notable short alert yesterday
QUOTE
Wed 5th Dec, 2018 9,310,567 665,681,660 1.39% 23,780,085 39.15%

https://www.shortman.com.au/stock?q=LYC

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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Dec 5 2018, 02:25 PM
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Posts: 5,074
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In Reply To: blacksheep's post @ Dec 4 2018, 07:13 PM

LYC ann out this morning - https://www.asx.com.au/asxpdf/20181205/pdf/...zbrjqcsdnln.pdf - as expected, SP took a hit down 22.17% cureently @ $1.65
Total short positions @ 29 November 2018 = 4.22%
https://www.shortman.com.au/stock?q=lyc
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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Dec 4 2018, 07:13 PM
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In Reply To: blacksheep's post @ Nov 13 2018, 11:38 AM

"Lynas must remove radioactive residues from Malaysia" - where's it going/who will accept?

Malaysia sets licence renewal conditions for rare earths miner Lynas
December 04, 2018, 03:03:00 AM EDT By Reuters

QUOTE
The ministry said in a statement that Lynas must remove radioactive residues from Malaysia and will need to submit an action plan for non-radioactive waste disposal for future licences or permission renewals.

In a report issued on the ministry's website, a committee commissioned to review Lynas' processing plant also recommended improvements to residue management, periodic health monitoring and studies to identify the source of heavy metals in areas near the plant.

https://www.nasdaq.com/article/malaysia-set...-20181204-00102
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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Nov 13 2018, 11:38 AM
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In Reply To: blacksheep's post @ Oct 5 2018, 04:25 PM

PUBLIC HEARING IN MALAYSIA
QUOTE
Lynas Corporation Limited (ASX:LYC, OTC:LYSDY) provides the following update to its
announcement dated 9 November 2018.

The Review Committee held a public hearing in Kuantan, Malaysia on Sunday 11
November 2018. Participants in the hearing included the Ministry of International Trade
& Investment, the Atomic Energy Licensing Board, the Department of Environment, the
Ministry of Health, the Department of Occupational Safety & Health, Lynas Malaysia and
other interested parties. There was no outcome from the hearing on Sunday. The
Review Committee indicated that its report is scheduled to be submitted to the Minister
on 27 November 2018.


Lynas will update the market, as appropriate, when there are further developments or
when the outcome of the Review process becomes known.


Yesterday media outlets reported - Lynas unscathed by first Malaysian review hearing - sending SP higher. Might have been a bit premature?

QUOTE
Lynas Corporation appears to have emerged unscathed from the first major hearing in the Malaysian government's review of its rare earths refinery, sending its share price to a three-month high.

Malaysian media and Australian equity analysts attending Sunday's five-hour hearing reported that numerous Malaysian government agencies endorsed Lynas' track record of compliance with rules and regulations.

https://www.afr.com/business/mining/lynas-u...20181111-h17s3p
https://www.shortman.com.au/stock?q=lyc



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Oct 9 2018, 12:17 PM
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In Reply To: blacksheep's post @ Oct 7 2018, 06:36 PM

LYC participating in this upcoming forum
QUOTE
Expert Forum - Sustainable Materials for Future Mobility: E-drives, Magnets, Batteries

Under the umbrella of the newly formed European Battery Alliance (EBA), EIT RawMaterials and its partner TU Darmstadt, are organising a two-day workshop on Sustainable Materials for Future Mobility: E-drives. Magnets. Batteries, which will take place on 23-24 October 2018 in Darmstadt, Germany.

The workshop is a next step in implementing some of the action points raised in the EBA Action Plan and the Commission's Strategic Plan on Batteries. The discussion will focus on setting up fertile grounds for the creation of cross-value chain alliances, defining and implementing demonstration projects, and developing an agenda towards sustainable battery technology. On the second day, the workshop will focus on the very much related subject matter of magnets and e-drives.

Representatives from industry, academia, and research organisations (including non-EIT RawMaterials members) working in the field of strategic and critical raw materials for electrification are invited to attend. Among other confirmed participants, there are representatives of the Finnish Minerals Group, Savannah Resources, Umicore, Bühler Redex, Transport & Environment, Leading Edge Materials, Lynas, Fraunhofer, Uppsala University, and Vacuumschmelze.

Preliminary program

Day 1: European Battery Alliance. State of Play and Funding Tools; Sustainable Materials for Future Mobility (Market Needs, etc.); Battery Raw Materials. Exploration, Mining, Extraction, Recycling; Advanced Battery Materials; Sustainable Batteries; Breakout Sessions; Dinner; Satellite Workshop on Materials by Design organised by Uppsala University.

Day 2: Rare Earths: Exploration, Mining, Extraction, Recycling; High Performance Permanent Magnets; Permanent Magnet Drives and Cooling Machines; Breakout Sessions; Closing Remarks.

https://www.eumonitor.eu/9353000/1/j9vvik7m...drpx4&tab=1



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 


blacksheep
post Posted: Oct 7 2018, 06:36 PM
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In Reply To: blacksheep's post @ Oct 5 2018, 04:25 PM

Interesting read
Hot Economic Warfare: Scrambling For Rare-Earth Minerals
QUOTE
Nations around the world are scrambling to secure reserves containing rare earth minerals. China, where one-third of the planet’s rare earth minerals are currently found, has severely restricted the export of the minerals to friends and competitors. One of the largest known reserves of rare earths is the Bayan Obo deposit in China’s Inner Mongolia.

China’s export restrictions have sent nations around the world on search missions to secure both known and untapped rare earth deposits. One such mother lode of rare earth minerals has been discovered in the eastern southern Pacific Ocean. The estimates are that the deep ocean region contains twice the amount of rare earths than found in China.

Some of these deposits are in undersea geologically active zones, where deep sea floor vents spew rare earth minerals from expulsions of lava and hot gases. The discovery that the South Pacific region is rich in rare earths has led European nations, including France and Britain, which maintain colonies in the area, re-staking their colonial footprints.

France, for example, is reticent to grant further autonomy or independence to New Caledonia, where an independence referendum is scheduled for November 8, French Polynesia, and Wallis and Futuna. Similarly, Britain has showed a renewed interest in the Pitcairn Islands, where a handful of descendants of the HMS Bounty mutineers continue to live.

In 2015, Australia stamped out self-government of Norfolk Island, turning the island into a hybrid municipality of New South Wales and the Australian Capital Territory. New Zealand has vetoed ambitions by two of its elf-governing “associated states” – the Cook Islands and Niue – for full membership in the United Nations. For these colonial powers, it is not what is about what lies above the sea – island resorts – but what lies under the sea within the marine borders of the territories and that is rare earth minerals.

With the melting of the Greenland Ice Sheet, rare earth reserves have been discovered in Greenland, a “self-governing” territory of Denmark. Moves by the Greenland government to seek independence from Denmark and permit Chinese companies to mine rare earth minerals have met with stiff opposition from Denmark, the United States, and NATO.

Other countries possessing significant deposits of rare earths include India, Russia, Vietnam, Malaysia, South Africa, Australia, Canada, Brazil, and the United States. These nations, as well as China, all have varying degrees of the necessary political, economic, and military might to protect their rare earth resources.

However, some developing nations, where rare earths have been discovered, are candidates for ruthless exploitation by multinational firms, some under the direction of governments, to secure exclusive mining rights. In fact, Toyota, which has a tight relationship with the Japanese government, bought a rare earth mine in Vietnam to ensure such exclusivity rights.

Japan may not have to worry about Vietnam as its major source of rare earths. Earlier this year, a deposit of some 16 million tons of rare earth mineral oxides was discovered in deep sea mud located 1150 miles southeast of Tokyo. The deposit contained much of the rare earths upon which Japan’s consumer electronics industry is reliant: yttrium, dysprosium, terbium, and europium.

In countries like the Democratic Republic of Congo, columbite-tantalite, a mineral used in the manufacture of semi-conductor chips, is such a hot commodity that rival warlords, some acting on behalf of outside players, including Rwanda, Uganda, Israel, Japan, China, and the United States battle one another for control of the mineral’s extraction and export.

The Rwanda Mines, Petroleum, and Gas Board signed a deal in 2017 with a major Japanese rare earth extraction firm for the exploration and mining of rare earths, as well as tungsten, in Rwanda. However, Rwandan President Paul Kagame is known to have backed fellow Tutsi rebels in the DRC, who exploit rare earth mines in South and North Kivu provinces and send the stolen minerals to Rwanda. There have been attempts to curtail the trade in “conflict minerals” in the Great Lakes region of Africa, but they have all come to no avail.

Currently, US and Chinese firms are waging a political and economic influence “war” for access to lithium, cassiterite, and cobalt reserves in the DRC.

Next door to the DRC, in civil war-ravaged Burundi, there was a discovery of exceptionally high-grade “main vein” of rare earth minerals in 2017. Burundi, which was once a German colony, saw Germany’s ThyssenKrupp move in to exploit the mineral resources. ThyssenKrupp also began building a processing plant in Burundi. The German government has come under attack from human rights groups that accuse it of backing the German mining venture, known as the Gakara Project, even though Burundi’s president, President Pierre Nkurunziza, was dubiously elected to a third term in office. German business groups have countered with the argument that if Germany was not mining Burundi’s rare earths, China would be doing so.

The French government is not only concentrating its rare earth mining activities in its traditional Francophone sphere of influence in Africa – Morocco, Burkina Faso, Niger, Madagascar, Guinea – but further afield, including the pursuit of joint venture mining activities in Kazakhstan.

In the United States, the Pentagon has recognized the military importance of rare earths. The Defense Logistic Agency's Strategic Materials department is tasked to ensure a continued supply of rare earths to US defense contractors. The US Energy Department tracks rare earth discoveries and mining operations around the world, thanks to a constant infusion of intelligence from the Central Intelligence Agency and National Security Agency. The Trump administration has moved to open US federal wildlife areas, national parks, and other lands to exploration and mining of rare earths to private companies, much to the chagrin of environmentalists and Native American tribal governments.

In a rush to lessen dependence on Chinese exports of rare earths, which have, in any event, been restricted by Beijing, nations and companies around the world have launched a cut-throat competition to gain leverage over the rare earth market. What peaks the interest of gatherers of economic intelligence are references in email, video conferences, phone calls, faxes, and financial documents to such terms as europium, terbium, dysprosium, yttrium, samarium, and other rare earths.

As the world becomes more dependent on high-tech and an “Internet of things,” consisting of computers, mobile phones, appliances, televisions, security systems, automobiles, etc., the economic war for control of rare earth minerals will increase. There is the extreme possibility that economic warfare could turn into shooting wars, as has already been the case in the DRC.

https://www.zerohedge.com/news/2018-10-05/h...-earth-minerals



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: mcart117  mullokintyre  
 
blacksheep
post Posted: Oct 5 2018, 04:25 PM
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In Reply To: blacksheep's post @ Sep 25 2018, 01:57 PM

Some good news for LYC holders - SP rose 9.85% today following this confirmation

QUOTE
* Review of Lynas’s plant won’t be dictated by views of MPs Fuziah Salleh and Wong Tack, as the committee is composed of other members: Dr Mahathir

* NOTE: Malaysia Pledges Fair Review of Lynas Plant After Pleas From CEO


Not so good for those short. Shor positions as at 1/10/18 = 5.61%
https://www.shortman.com.au/stock?q=lyc
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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Sep 25 2018, 01:57 PM
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Posts: 5,074
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In Reply To: blacksheep's post @ Sep 24 2018, 02:19 PM

Notable short alert for yesterday

QUOTE
Mon 24th Sep, 2018 11,337,570 662,547,136 1.71% 32,706,934 34.66%


SP down another 1.6% currently @ $1.6875
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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Sep 24 2018, 02:19 PM
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In Reply To: mullokintyre's post @ Sep 24 2018, 11:19 AM

Just when people were starting to think it was safe to invest in LYC again, the ML review old chestnut pops up again. rolleyes.gif Something one has to take on board when investing in some overseas locations - always on the cards.

Short positions have been building in recent weeks - probably some in the know?
https://www.shortman.com.au/stock?q=lyc

Lynas dives on fears of hostile review
Shares in the company were 15 per cent lower in early trading on Monday.
Peter Ker
QUOTE
Shares in Lynas slumped by almost 17 per cent on Monday amid renewed fears its operations in Malaysia could be threatened by a government review.

https://www.afr.com/business/mining/rare-ea...20180924-h15rza




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--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
 


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