Lynas Rare Earths Ltd
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Latest News
ASX Weekly Wrap: Narrow Leadership, Sticky Core Inflation & Weak Aussie
ASX 200 near 8,764 as Judo Capital dives 39% on funding-cost fears; week capped by hawkish Fed, sticky core inflation and volatile leadership.
China’s Midstream Metals Dominance Sparks Strategic Alarm
China controls 50-98% of midstream refining and smelting, sparking Western strategic alarm; ASX rare-earth stocks surge as Australia positions itself.
Which ASX Stocks Could Benefit as Rare Earth Prices Surge on Tightened US Supply Chains?
Prices of neodymium and praseodymium (NdPr) oxides – two rare earth elements essential for super-strong magnets – have surged to their highest levels in more than two years. The rally follows US rare earth producer MP Materials halting raw material exports to China, creating a significant gap in supply. China currently controls around 90% of […]
Lynas Rare Earths’ half-year profit drops as challenging market conditions continue
Lynas Rare Earths (ASX: LYC) has highlighted the “complex” nature of the current rare earths market as a factor that significantly impacted its latest half-year profits. The leading rare earths producer reported a net profit after tax of $5.9 million for the six months to 31 December, a substantial decline from the $39.54m reported a […]