Asian Metal visits Mt Weld project of Lynas

On 24 November, Vivian Pang, the senior analyst of rare earth market, was invited by Pol Le-Roux, the vice president of Sales and Marketing of Lynas Corporation, to visit their Mt Weld Rare Earth Project. Tony Malloch, the General Manager WA Lynas Corporation, warmly received Vivian and explained the project progress in detail.

Tony firstly guided Pol Le-Roux and Vivian to visit the mine the company is operating. Tony noted Mt Weld deposit possesses high grade rare earth products rich in praseodymium and neodymium. Mt Weld is currently undertaking a drilling program to increase the size of the mineral resource in order to keep the life of mine operation over 20 years.

Later on, Vivian Pang visited Lynas' beneficiation plant. The company mines Rare Earths ore from the open pit at Mt Weld in Western Australia and produces Rare Earths concentrate in the beneficiation plant. The concentrate is shipped to their advanced material plant in Kuantan, Malaysia for separation into finished Rare Earths products. Total ready for sale production of rare earth oxide (REO) in FY17 was 16,003t, up by 26.7% compared to 12,631t in FY16. Ready for sale production of neodymium-praseodymium (PrNd) was 5,223t in FY17 compared to 3,896t in FY16.

Then Vivian visited Lynas's wastewater purification system. According to Tony, after purification, the wastewater of Mt Weld Rare Earth completely compliances with environmental standards. And the company hires professional testing personnel to conduct regular water quality inspections.

Vivian thanked Tony and Pol Le-Roux for their warm reception, and invited Pol Le-Roux as the guest speaker to participate the 10th International Rare Earth Summit in Sanya, Hainan to be held during 10 and 11 May, 2018. Pol Le-Roux showed great interest in it.

Lynas Corporation Limited is a public company registered in Western Australia and listed on the Australian Securities Exchange. The company is the leading rare earth oxide suppliers outside of China. The company has an Australian concentration plant located at Mt Weld, Western Australia, and a technical office in Perth. The company's Malaysian advanced materials plant is located in The Gebeng Industrial Park near Kuantan, Malaysia, and they also have a corporate office in Kuala Lumpur.