Lynas Addressing Drop in Rare Earth Prices with Cost Cutting Measures
Jun. 10, 2013 04:44AM PST
Rare Earth InvestingMining Weekly reported that Lynas is undertaking aggressive cost cutting measure to remain competitive as rare earth prices weaken.
Mining Weekly reported that Lynas is undertaking aggressive cost cutting measure to remain competitive as rare earth prices weaken.
As quoted in the Mining Weekly report:
The miner said that it was also optimising production at the Phase 1 capacity of its Lynas Advanced Materials Plant (Lamp) in Malaysia, which has a nominal capacity of 11 000 t/y of rare-earth oxides.