Lynas Picks Kalgoorlie for New Cracking & Leaching Plant

  • Dec 09, 2019 AEDT
  • Team Kalkine

Lynas Corporation Limited (ASX: LYC) has announced that it has selected Kalgoorlie, Western Australia, as the new location for its cracking and leaching plant.

  • Kalgoorlie offers proximity to the Lynas mine at Mt Weld, and offers skilled workforce and a rich history in the mining and processing industry;
  • After following thorough due diligence, Kalgoorlie was selected from the two shortlisted locations in the Goldfield region.

At AEST 01:37PM, the stock was trading at $2.11 per share, up by 3.17% from its previous close.

 

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