www.lynascorp.com
Lynas Corporation Limited's (ASX: LYC) vision is to be a global leader in Rare Earths for a sustainable future; a vision realised by the passion and practices of our people.
Lynas is an ASX listed company, with the strategy to create a reliable, fully integrated source of Rare Earths supply from mine through to customers, and to become the benchmark for security of supply and environmental standards in the global Rare Earths industry.
Lynas owns the richest deposit of Rare Earths in the world at Mount Weld, Western Australia. Project development has commenced, with the first mining campaign completed and two processing plants underway. All necessary approvals required for project development have been received, the project is funded and production will commence in 2011.
Lynas Corporation's share price on a tear with increasing rare earth prices
Lynas Corporation (ASX: LYC) has reported the average Mount Weld composition price for its rare earth product has increased to US$31.94 kg/REO on a FOB basis.
This is a further price increase of 49% since 26 July 2010 which followed the recent tightening of the Chinese export quota of Rare Earths.
The Lynas share price has been on a tear since early June, increasing by 80% to $0.90.



















