Lynas Corporation (ASX:LYC)

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Company: Lynas Corporation (ASX:LYC)
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  Lynas Corporation (LYC-AU)/Bulls/Lanthanum usage to be boosted by Toyota/Honda hybrid plans

Toyota and Honda are planning NiMH batteries in their next generation hybrids which could result in an incremental lanthanum requirement of 20 x 1,000,000 kg per year in 2011. Total demand for lanmthanum was 28,041 t in 2005. Lanthanum is one of the major ingredients of the Mt. Weld ore.

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  Lynas Corporation (LYC-AU)/Bulls/First to market as a reliable source of rare earth products

Chinese politics is threatening companies outside China which rely on mining and smelting products as raw material for their production. Among other competitors in the open trade world Lynas will be the first to commence production and sales of the products.

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