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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 Lynas Rare Earths Ltd (ASX:LYC) share price has dropped around 2% after the ASX mining share revealed challenges with its Kalgoorlie project.
The S&P/ASX200 (INDEXASX: XJO) delivered a strong gain to open the week higher. Westpac Banking Group (ASX:WBC) shares were once again in focus.
The Lynas Rare Earths Ltd (ASX:LYC) share price has jumped more than 10% after the ASX mining share revealed some positive Malaysian news.
Get some top ASX share ideas for 2023. Wesfarmers Ltd (ASX:WES), Lovisa Ltd (ASX:LOV), TechnologyOne (ASX:TNE), CSL Ltd (ASX:CSL) and BHP Group Ltd (ASX:BHP) make this year’s list.
The Lynas Rare Earths Ltd (ASX:LYC) share price is up around 7% after the miner told investors how the first three months of FY23 went.
The S&P/ASX200 (INDEXASX: XJO) rose 0.3% on Wednesday as the Megaport Ltd (ASX: MP1) share price dived and Pilbara Minerals Ltd (ASX:PLS) share price rises.
The S&P/ASX 200 (INDEXASX:XJO) turned up again on Tuesday, led by the resources like BHP Group Ltd (ASX:BHP) and Rio Tinto (ASX:RIO) shares.
The Lynas Rare Earths Ltd (ASX:LYC) share price is up after reporting its FY22 result and revealing strong growth.
The Lynas Rare Earths Ltd (ASX:LYC) share price has gone up by 6.6% after announcing a $500 million expansion for Mt Weld.