Lynas Rare Earths Limited LYC
ASX · Australia · Non-Energy Minerals
AUD 12.64-1.19 (-8.60%)
Market closed· · AUD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
Market closed· · AUD · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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The transaction would give Lynas access to the Caldeira ionic clay rare earth project in Brazil's Minas Gerais state.
The deal gives Lynas a foothold in Brazil’s growing rare-earths industry and comes amid a race to rebuild rare-earths production outside China.
Investing.com -- Lynas Rare Earths (ASX:LYC) shares fell sharply on Thursday after the miner agreed to acquire Brazilian rare-earth developer Meteoric Resources in an all-share deal valued at A$968 million ($672 million).
Australia’s inflation rate recently reached 4% in August, with higher housing and transport costs reminding investors how tightly resource security and prices are linked. Rare earth miners sit in the crosshairs of this debate, feeding everything from electric vehicles to advanced defence systems. This article walks through three Australian rare earth metal stocks from our screener that give you direct exposure to this theme in a clear, stock by stock format. The three rare earth metal stocks...
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