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Business Description: Lynas Corporation Limited (LYC) is principally involved in the exploration and development of rare earths minerals. LYC is focused on becoming a global rare earths producer and supplier through its focus on RED (Rare Earths Direct) branding. LYC’s main asset is Mt Weld rare earths deposit in Western Australia.
Strategy Analysis: LYC have a strategy of creating a reliable, fully integrated source of supply from mine through to the customer. LYC aims to become the benchmark for the security of supply and environmental standards in the global rare earths industry.
Lynas Corporation reported negative cash flow of $83.04m for quarter ended 30 September 2011. Operating cash flow for the period was $(82.93m). Investing cash flow was $(297,000). Financing cash flow was $194,000. Cash in hand at the end of the quarter was $370.27m.
The Age 26/05/2012 | I WAS reading some old Marcus Today newsletters. From 2003. Let me take you back and allow you to exercise the power of hindsight:
The Age 25/05/2012 | RADIO People are six times more likely to go to an advertiser's website if they have heard the ad on radio, according to research by Colmar Brunton, released by Commercial Radio Australia. The research showed that radio advertising has an immediate effect on people's digital activity, with more than three-quarters of those exposed to advertising visiting a website or Facebook page or searching for the brand online within 24 hours. Commercial Radio Australia chief executive Joan Warner said the ...
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