Kalkine: Lynas Rare Earths Lifts ASX 200 as China’s Export Curbs Disrupt Supply Chains
4 Articles
4 Articles
Shares of Australia’s Lynas Jump on China Rare-Earth Curbs Risk
Australian company Lynas Rare Earths got lift on Thursday from China’s restrictions on exports of critical minerals, with its shares shooting up by close to 12%. Shares of Lynas – the world’s largest rare-earth producer outside China – hit their highest level in over two years after automakers around the world voiced fears that China’s export controls could spur production delays. The group is expected to benefit from concerns over global supply…
Lynas jumps 10% on European grumbles over China rare earths restrictions
Traders are clearly seeing Lynas Rare Earths (ASX:LYC) as one of the biggest winners from China’s export restrictions on several key rare earth materials, with the Australian miner jumping as much as 10% in price today. Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more. This solid Thursday hike brings Lynas Rare Earths up to as much as 37% up Y…
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