♥♥ Even if Lynas were to close down its Malaysian plant at...

♥♥ Even if Lynas were to close down its Malaysian plant at Gebeng, Australia would still be laughing all the way to the bank as massive reserve of rare earth ore of 19.5 million tonnes is still intact at the Mount Weld mine.
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Lynas can still sell the ore concentrate to China at a pretty good price.
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According to statistics from China, the rare earth ore concentrate they are buying costs an average of $1,810 per tonne.
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Since Lynas ore has been concentrated by 1:4, Lynas has a total of about 5 million tonnes of concentrate.
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The cost of sending to China a 20 foot container which can carry 25 tonnes of concentrate is only $1,636.
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So the cost of transport is less than $100 per tonne and assuming that the cost of making one tonne of concentrate is about $200, the total production and transport cost to Lynas per tonne of concentrate is about $300.
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This would give Lynas a neat profit of about $1,500 per tonne.
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And the Mount Weld mine would be a profitable
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$1,500 X 5,000,000 = $7.5 BILLION entity.
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SO IF THE LYNAS PLANT IS FORCED TO CLOSE, THE AUSTRALIANS WILL BE VERY HAPPY because they will be richer by $7.5 billion and their GDP will grow by more than $7.5 billion,
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THE CHINESE IN CHINA WILL ALSO BE VERY HAPPY AND WILL BE LAUGHING ALL THE WAY TO THE BANK (and on top of that will be selling the WLP phosphate fertilizer to Malaysia at $110 per tonne)!
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The only loser is Malaysia, where the PINOCCHIO NOSED ANTI-LYNAS POLITICIANS will be telling the Malaysians flaunting the LONG EARS of the Equus asinus….”You are a born winning LOSER!”
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AND ON TOP OF THAT, LYNAS CAN SUE THE MALAYSIAN GOVERNMENT FOR BILLIONS OF DOLLARS IN MALAYSIA OR AUSTRALIA OR EVEN in the USA as USA interests are affected!
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