Lynas ups production in Dec quarter
PERTH (miningweekly.com) – Mineral sands producer Lynas reported a near three-fold increase in production from its Lynas Advanced Material Plant (Lamp) operation, in Malaysia, during the three months to December.
The ASX-listed company reported this week that total ‘ready for sale’ production during the quarter reached 741 t, on a rare-earth oxide equivalent basis, compared with the 253 t produced during the preceding three months.
An additional 35 t of production was currently awaiting classification as ‘ready for sale’ production.
Some 409 t of rare-earth product was shipped during the three months to customers during the quarter, which was 87% more than the previous quarter. In addition, Lynas noted that most of the cerium and lanthanum borrowed in 2012 for the pre-seeding of Lamp was produced and returned by the end of the quarter.
During the month of December, some 354 t of rare-earth oxide equivalent production was classified as ‘ready for sale’, with some 270 t of rare-earth oxide equivalent sold to customers.
Meanwhile, the company has also received the relevant administrative approvals for Phase 2 of Lamp, allowing the assets to be operated. Some of the Phase 2 downstream assets, such as the product finishing units and tunnel furnaces, were now being used to optimise customers’ product range.
However, the company noted that a decision to use the additional capacity of 11 000 t/y would be determined by various factors, including market conditions.
The Phase 2 assets would take Lamp’s total production to 22 000 t/y.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
For over 15 years, Lilak Aluminium, a trusted leader in architectural extrusion supply, has delivered excellence to businesses like yours.
VISIT SHOWROOM
ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
