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.
On Wednesday, the Australian share market, or S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO), hits its lowest level since 2020. Overnight, however, a firm 0.75% increase in US interest rates allowed the US stock market to bounce 1.5%.
The S&P/ASX 200 (ASX: XJO) fell another 2.1% on Tuesday as EML Payments (ASX:EML) and Woodside (ASX:WPL) shares made headlines.
It was another weak day for the S&P/ASX 200 (ASX: XJO) on Tuesday as Pendal (ASX:PDL) and Iress (ASX:IRE) shares made headlines.
The S&P/ASX 200 (INDEXASX:XJO) finished 0.5% higher on Friday as GrainCorp (ASX:GNC) and Platinum (ASX:PTM) shares made headlines.
The S&P/ASX 200 (ASX:XJO) finished down 0.6% on Friday as Paladin Energy (ASX:PDN) and CSL (ASX:CSL) shares were in the news.
The S&P/ASX 200 (ASX: XJO) headed lower on Wednesday as BHP (ASX:BHP) and Megaport (ASX:MP1) shares were in the news.
The benchmark S&P/ASX 200 (ASX: XJO) increased 9% over 2021 buoyed by the performance of the following six shares within the index.
The S&P/ASX 200 (ASX: XJO) finished flat on Friday as BNPL shares including Afterpay (ASX:APT) and Zip (ASX:Z1P) made headlines.
The S&P/ASX 200 (ASX: XJO) finished the week on a negative note as AusNet (ASX:AST) and Domain (ASX:DHG) shares were in the news.
