TEST

[Mord]

Web
Site</B>
<A href="http://www.lynascorp.com/"
target=_blank>http://www.lynascorp.com/</A><BR>
<B>About Lynas Corp </B>
<p>"Lynas Corp Ltd will become the only Rare Earth producer outside of China from July ‘09."Patersons Securities Limited</p>
<p>Lynas has a strategy of creating a reliable, fully integrated source of supply from mine through to customers, and to become the benchmark for security of supply and environmental standards in the global Rare Earths industry. </p>
<p><em>Lynas owns the richest deposit of Rare Earths in the world at Mt Weld</em>, 35km south of Laverton in Western Australia.  A feasibility study has been completed on the Rare Earths deposit and all Australian approvals required for project development have been received.</p>
<p>Over the last year Lynas has observed a trend in Chinese Government policy decisions which is leading to an increase in Government control of the Rare Earths industry in China and the tightening of supply due to the imposition of mining production quotas, and the reduction and restrictions on trading of the existing export quota.  These policy decisions have followed the removal of VAT rebates for exports of Rare Earths oxides and an increased enforcement of China's stringent environmental standards which resulted in the closure of non-compliant Rare Earths plants.  </p>
<p><BR>
Mount Weld </span><BR>
<BR>
Mt Weld Rare Earths Oxide (REO) deposit known as the ‘Central Lanthanide Deposit’ (CLD) is without a doubt the world’s richest Rare Earths ore body, easily capable of supplying up to 20% of the global market for 30 years.
<p>In addition to the world class Rare Earths Oxide (REO) deposit, the Mt Weld carbonatite is also host to extensive polymetallic Resource within the 'Crown Deposit' including niobium, tantalum, zirconium, titanium, and Rare Earths. </p>
<p>Dr Phillip Hellman of Hellman & Schofield Pty Ltd, Sydney, completed a JORC-compliant multi-metal geostatistical resource estimation study which resulted in Indicated and Inferred Resources totally 37.7 million tonnes. The ore composition is presented in the table below. The majority of the ore lies between 30m and 60m in depth, suitable for open pit mining. </p>
<p>The scoping study completed in 2005 envisages an open-cut mine and a process route based on existing technology to produce a suite of metal compounds and products. The strong economic and technical results of the scoping study were encouraging. </p>
<p>Ore samples for mineralogical assessment and metallurgical testing were prepared this year. An external research institute has been engaged to work on the mineralogical assessment and preliminary process development of the polymetallic ore, thereby allowing this project to move forward whilst Lynas personnel remain dedicated to the development of the Rare Earths project. </p>
<p>The next step for the Crown Polymetallic deposit is commencement of process test work based on the mineralogy and preliminary process development. </p>
<p>Niobium</p>
<p>The Mt Weld Resource is potentially the world’s second largest Nb2O5 resource (ranked by contained niobium metal) compared to the resources of existing commercial operations which include:</p>
<UL>
<LI>CBMM’s Araxa deposit in Brazil, with 460 million tonnes grading 2.5% Nb2O5 supplies over 80% of the world niobium market,
<LI>Mineracao Catalao de Goias Ltd’s  (Anglo American plc) deposit in Brazil totalling approximately 18 million tonnes at an average of 1.34% Nb2O5, and
<LI>Niobec Inc’s Canadian underground deposit of 24 million tonnes at 0.65% Nb2O5 </LI>
</UL>
<p>Titanium</p>
<p>Titanium metal and Ti-ferroalloy products are used in the aerospace industry, for specialised process equipment in power engineering,chemical processing and in sporting equipment, notably gold clubs. </p>
<p>Rare Earths and Scandium</p>
<p>The Mt Weld Rare Metals deposits also contain significant grades of Rare Earths strongly enriched with the valuable heavy lanthanides, which could ultimately contribute considerable value. Also present is scandium which is used in high strength aluminium alloys. </p>
<p><em>BCC Research reports that the value of Mt Weld Rare Earths is expected to increase by 40-80% by 2008.</em><br>
(BCC Research is a leading information resource producing high-quality market research reports, newsletters, and conferences. ) </p>
<p><BR>
<BR>
<BR>
Most Recent News and Presentations<BR>
<BR>
Investor Presentation - January 2008•
Presented by Nicholas Curtis, Executive Chairman</I><BR>
<A href="http://www.lynascorp.com/content/upload/files/Presentations/Investor_Presentation_January_2008_-_Revised_31.1.08.pdf"
target=_blank>http://www.lynascorp.com/content/upload/files/Presentations/Investor_Presentation_January_2008_-_Revised_31.1.08.pdf</A><BR>
<BR>

<strong>Presentation for International Rare Earths Conference - November 2007</strong> <I>•
Presented by Nicholas Curtis, Executive Chairman</I><BR>
<A href="http://www.lynascorp.com/content/upload/files/Presentations/3rd_International_Rare_Earths_Conference_Hong_Kong_Nov_2007.pdf"
target=_blank>http://www.lynascorp.com/content/upload/files/Presentations/3rd_International_Rare_Earths_Conference_Hong_Kong_Nov_2007.pdf</A><BR>
<BR>
<strong>2007 Annual Report</strong><BR>
<A href="http://www.lynascorp.com/content/upload/files/Reports/2007_Annual_Report_-_WEBSITE_version.pdf"
target=_blank>http://www.lynascorp.com/content/upload/files/Reports/2007_Annual_Report_-_WEBSITE_version.pdf</A><BR>
<BR>
<strong>Study of the Rare Earth Resources and Markets for the Mt. Weld Complex</strong><BR>
<A href="http://www.lynascorp.com/content/upload/files/press_releases/BCC_FINAL_REPORT.pdf"
target=_blank>hhttp://www.lynascorp.com/content/upload/files/press_releases/BCC_FINAL_REPORT.pdf</A><BR>
<BR>
<A href="http://www.tradingroom.com.au/apps/company_annoucements.ac?contentUrl=http%3A%2F%2Fnewsstore.com.au%2Fapps%2FnewsSearch.ac%3Fac%3Dresults%26rs%3D1%26sy%3Dtpl_gca%26pb%3Dasx%26sf%3Dall%26dt%3DselectRange%26dr%3D1year%26so%3Ddate%26st%3Dca%26ss%3DTPL%26rc%3D20%26ax%3DLYC"
target=_blank>All Company Announcements</A><BR>
<strong><BR><BR>Corporate Offices
<p>Level 7, 56 Pitt Street<BR>
Sydney, NSW<BR>
Australia 2000</p>
<p>Phone: [phone] <BR>
Fax: [phone]<BR>
Email: <A href="mailto:[e-mail]">[e-mail]</A></p>
<H1 class="text1 style37">Board of Directors</H1>
<p>Nicholas Curtis B. A. (Hons)<BR>
Executive Chairman<BR>
Appointed Executive Chairman of the Company in 2004. Prior to this Nick was President and Chief Executive Officer. He has over 20 years background in mining and finance including founding Sino Gold Limited, an Australian public company with gold mining assets in China and serving as Chairman for five years until November 2005. Nick also serves as Chairman of St Vincents & Mater Health Sydney Limited and as a Director on the Boards of the Sisters of Charity Health Service and the Garvan Institute of Medical Research.</p>
<p>David Oliver Davidson<BR>
Director - Non Executive<BR>
David is an independent Director of the Company and joined the Board on 28 March 2002. He has had a distinguished career with ICI and DuPont. An Australian, he has lived and worked in Europe and North America and held a number of Senior Executive roles with global responsibilities. He is a former Director of ICI America Inc. Since returning to Australia, David has been providing executive and corporate advice on organisation development and strategy.</p>
Jake Klein<BR>
Director - Non Executive<BR>
Appointed an independent Director of the Company, Jake joined the Board on 28 August 2004. He is also President and Chief Executive Officer of Sino Gold Ltd and President of Australia China Business Council NSW. Jake has over 14 years experience in senior finance and managerial positions. He brings invaluable knowledge of management of operations in China gained through his role as Chief Executive Officer of Sino Gold Limited. <p>

<A href="http://www.asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=&asxCode=lyc&companyName=&principalActivity=&industryGroup=NO"
target=_blank class="style37">Also trades as LYC on the Australian Stock Exchange (ASX)</A></STRONG><BR>
<BR>