- The Wall Street Journal•2 months ago
Lynas Corp. Ltd. proposed a significant overhaul of its loans, as directors race to keep the company afloat amid a continued downturn in prices of rare earths.
- Reuters•10 months ago
MELBOURNE/BEIJING, Feb 2 (Reuters) - China plans to boost its crackdown on illegal mining of rare earths by setting up a system to certify the origin of supplies of the materials, used in everything from fighter jets to mobile phones. Illegal Chinese output and smuggling have helped drag global rare earth prices to their lowest in around six years, hitting legitimate producers hard inside and outside China, which churns out 90 percent of the world's supply. "There's a reasonable level of agitation in every part of the supply chain which is saying (the industry situation) is not good," said Amanda Lacaze, chief executive of Australia's Lynas Corp, the only remaining rare earths miner outside China.
- Motley Fool•last year
Lynas Corporation Ltd (ASX: LYC) saw its share heavily sold off this afternoon, despite no news from the company
LYC.AX : Summary for LYNAS FPO - Yahoo Finance
Lynas Corporation Limited (LYC.AX)
ASX - ASX Delayed Price. Currency in AUD
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|Day's Range||0.07 - 0.07|
|52 Week Range||0.05 - 0.12|
|PE Ratio (TTM)||-2.67|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|