Lynas Rare Earths Set to Raise A$750 Million in Equity Capital

Rinehart-backed rare earths play drums up $750m ‘firepower’

Lynas Rare Earths has turned to private investors — including Gina Rinehart — for $750 million to refine more of the China-controlled commodity, as its plans to launch in the US come unstuck.

Lynas Rare Earths says $750m fundraising will boost deals ‘firepower’

Lynas will have a $900 million war chest to spend on growth as it tries to cement its position as the world’s premier supplier of rare earths outside China.

Lynas Rare Earths Set to Raise A$750 Million in Equity Capital

Lynas Rare Earths Ltd., the first commercial producer of so-called “heavy” rare earths outside China, is seeking to raise A$750 million ($488 million) in equity capital.

Why Lynas, Mesoblast, PEXA, and Sayona Mining shares are tumbling today

The S&P/ASX 200 Index (ASX: XJO) is having a subdued finish to the week. In afternoon trade, the benchmark index is down a fraction to 8,977.3 points. Four ASX shares that are falling more than most today are listed below. Here's why they are dropping: Lynas Rare Earths Ltd (ASX: LYC) The Lynas share price is down 7% to $13.69. This morning, this rare earths producer announced its full year results and the completion of a $750 million placement.…

Lynas raises +$800m, flags US uncertainty

Lynas Rare Earths will raise as much as $815 million to accelerate its growth, as it pushes to capitalise on a growing appetite outside China for rare earth products.

Lynas Rare Earths Boosts Expansion with Capital Raise

Lynas Rare Earths has announced a significant capital raising initiative, tapping the market for $825 million. This move is designed to capitalise on the robust global demand for critical minerals and increase the company’s capacity to provide a reliable, non-Chinese supply. Lynas is the largest producer of these vital minerals outside of China, making its expansion crucial for western governments seeking to diversify the market and reduce Beiji…