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Mining Weekly reported that Lynas Corp CEO Amanda Lacaze has said that the company won’t remain cash flow positive for the March quarter, despite increasing production quarter on quarter.
Mining Weekly reported that Lynas Corp (ASX:LYC) CEO Amanda Lacaze has said that the company won’t remain cash flow positive for the March quarter, despite increasing production quarter on quarter.
As quoted in the publication:
She said that factors contributing to this included the current market environment, which included low demand and pricing owing to the continued uncertainty relating to the Chinese government policy, as well as ongoing costs associated with restructuring.