Lynas Rare Earths Ltd (ASX: LYC) is a ‘rare earths’ minerals producer. Rare earths are minerals which are used as inputs to create many of the electronic devices (e.g. mobile phones) we know and use each day. Lynas has Mt Weld in WA, which is a deposit and mining facility. Lynas is one of the world’s largest producers of rare earths outside of China.
The Wesfarmers Ltd (ASX:WES) share price could react strongly to the news it aims to acquire Lynas Corporation Ltd (ASX:LYC).
The ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went down 0.08% on Monday.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.10% at lunch.
The Lynas Corporation Ltd (ASX:LYC) share price got walloped on Wednesday following the release of a review by the Malaysian government.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.24% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX: XAO)(ASX: XAO), is currently up 0.02% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.25% at lunch.
The Lynas Corporation Ltd (ASX: LYC) share price is currently down 16% on a Malaysian operations update.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently down 0.23% at lunch.
