ALK financing & offtake talks helped by new US law., page-5

NdPr is 20% of projected revenue, define a path to mkt for the balance, particularly vs the additional CapEx of full in-house separation now Vietnam appears kicked to the kerb, without explanation.  

Lynas had enough hassle processing just La, Ce & NdPr (5.5yrs later they are still optimising process) without SEG/HRE, which they currently stockpile as uneconomic to either toll or sell to spot.

Do some DD on the mkt, rather than the glossies.

BTW, ALK's 1100tpa NdPr absolutely no threat to Lynas, in fact probably a net positive in developing confidence ROW supply chain, but it is certainly not going to float a project the scale of DZP.