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Re: None

Wednesday, 01/18/2012 3:37:36 AM

Wednesday, January 18, 2012 3:37:36 AM

Post# of 1950
Increased Estimate for Central Lanthanide & Duncan Deposit

Lynas has increased the estimate of Rare Earth content at Mount Weld by 37%, made up of a 51% increase at the Central Lanthanide Deposit and 19% at the Duncan Deposit.

The estimate for total Rare Earth Oxides is now 1.9 billion tons as against 1.4 billion tons in 2010.

Increase in Estimated REO Resources at Mount Weld