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Lynas Corporation Provides Operations Update

07 Jan 2013  |  09:14:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Operations Update

Lynas Corporation announced the successful commissioning of the cracking and leaching rare earth extraction units at the Lynas Advanced Material Plant in Malaysia. This involves the cracking of the concentrate through the kilns followed by the leaching circuit to produce a mixed rare earths sulphate. The process has achieved recovery rates of more than 90% of contained rare earth oxides through the cracking units. The mixed rare earths sulphate is now being fed into the solvent extraction units for ultimate production of individual Rare Earth products. The Company anticipates commercial rare earth products will be available in the next few weeks with ramp up of production to take place over the next three months.

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