Lynas Rare Earths Ltd (ASX: LYC) Share Price and News
Price
Movement
(20 mins delayed)
52 Week Range
-
1 Year Return
Lynas Corporation Ltd Chart and Price Data
Fundamentals Data provided by Morningstar.
Data provided by Morningstar.
Market Cap
$6.82 billion
P/E Ratio
476.19
Dividend Yield
N/A
Shares Outstanding
901.08 million
Earnings per share
0.015
Dividend per share
N/A
Year To Date Return
85.68%
Earnings Yield
0.21%
Franking
N/A
Share Price
Day Change
52 Week Range
-
Yesterday's Close
Today's Open
Days Range
-
Volume
Avg. Volume (1 month)
Turnover
as at 24 Feb 3:44pm
Lynas Rare Earths Ltd (ASX: LYC)
Latest News
Resources Shares
Lynas (ASX:LYC) share price is one to watch after announcement
Share Market News
ASX 200 Weekly Wrap: ASX grinds to a halt following new all-time high
Share Gainers
These were the best performing ASX 200 shares in July
Share Gainers
These were the best performing ASX 200 shares last week
Record Highs
5 ASX 200 shares hitting record highs. What do they have in common?
Motley Fool Media
Lynas share price soars, BHP and Rio on watch, A2 on the naughty list. Scott Phillips on Nine’s Late News
Share Market News
ASX 200 flat, Lynas soars, City Chic jumps
Share Market News
Here are 3 ASX 200 shares flying around the share market today
LYC ASX Announcements
An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File Size |
|---|---|---|---|---|---|
| YesNo |
About Lynas Rare Earths Ltd
Lynas Corporation Ltd (ASX:LYC) is the world’s second largest producer of rare earths and only significant producer outside China. Rare earths are essential components to high growth global manufacturing supply chains, including digital age technologies and green technologies such as electric vehicles and wind turbines.
Lynas has a portfolio of aligned assets to explore, develop, mine and process rare earth minerals. Assets include its Mt Weld mine and Mt Weld Concentration Plant in Western Australia, and a manufacturing facility in Malaysia. The company’s resource deposit in Mt Weld is acknowledged as one of the highest grade rare earths mine in the world.
Lynas started in WA in 1983 as Yilgangi Gold before changing its name to Lynas Gold in 1985. It was renamed Lynas Corporation Limited in 2000 and changed its ASX industry classification from gold to other metals in 2002. The Lynas share price soared to almost $25 per share in April 2011 before plunging as low as 0.34 cents in July 2015. It is trading around $2.40 in September 2020.
LYC Share Price History Data provided by Morningstar.
| Date | Close | Change | % Change | Volume | Open | High | Low |
|---|---|---|---|---|---|---|---|
| 03 Aug 2021 | $7.68 | $0.29 | 3.92% | 5,356,332 | $7.49 | $7.68 | $7.41 |
| 02 Aug 2021 | $7.39 | $0.05 | 0.68% | 7,185,826 | $7.56 | $7.59 | $7.23 |
| 30 Jul 2021 | $7.34 | $0.16 | 2.23% | 5,581,609 | $7.25 | $7.43 | $7.25 |
| 29 Jul 2021 | $7.18 | $0.19 | 2.72% | 6,177,896 | $7.03 | $7.18 | $7.00 |
| 28 Jul 2021 | $6.99 | $-0.02 | -0.29% | 9,473,214 | $6.80 | $7.12 | $6.71 |
| 27 Jul 2021 | $7.01 | $-0.10 | -1.41% | 11,868,283 | $7.04 | $7.20 | $6.95 |
| 26 Jul 2021 | $7.11 | $0.68 | 10.58% | 17,187,209 | $6.60 | $7.12 | $6.55 |
| 23 Jul 2021 | $6.43 | $0.02 | 0.31% | 6,015,530 | $6.35 | $6.48 | $6.26 |
| 22 Jul 2021 | $6.41 | $0.53 | 9.01% | 7,482,669 | $6.08 | $6.43 | $6.08 |
| 21 Jul 2021 | $5.88 | $0.15 | 2.62% | 6,587,763 | $5.91 | $6.05 | $5.78 |
| 20 Jul 2021 | $5.73 | $-0.17 | -2.88% | 5,917,429 | $5.71 | $5.89 | $5.66 |
| 19 Jul 2021 | $5.90 | $-0.27 | -4.38% | 5,846,237 | $6.06 | $6.08 | $5.89 |
| 16 Jul 2021 | $6.17 | $0.11 | 1.82% | 3,653,372 | $6.07 | $6.19 | $6.02 |
| 15 Jul 2021 | $6.06 | $0.02 | 0.33% | 2,678,217 | $6.03 | $6.11 | $6.00 |
| 14 Jul 2021 | $6.04 | $-0.36 | -5.63% | 7,920,382 | $6.32 | $6.34 | $6.02 |
| 13 Jul 2021 | $6.40 | $0.10 | 1.59% | 7,459,899 | $6.40 | $6.55 | $6.36 |
| 12 Jul 2021 | $6.30 | $0.17 | 2.77% | 4,671,488 | $6.33 | $6.34 | $6.20 |
| 09 Jul 2021 | $6.13 | $0.04 | 0.66% | 5,105,425 | $6.03 | $6.15 | $5.94 |
| 08 Jul 2021 | $6.09 | $0.24 | 4.10% | 5,606,135 | $5.97 | $6.09 | $5.97 |
| 07 Jul 2021 | $5.85 | $0.23 | 4.09% | 4,802,692 | $5.67 | $5.86 | $5.64 |
| 06 Jul 2021 | $5.62 | $-0.12 | -2.09% | 2,916,167 | $5.78 | $5.79 | $5.62 |
Director Transactions Data provided by Morningstar.
| Date | Director | Type | Amount | Value | Notes |
|---|---|---|---|---|---|
| 03 Feb 2021 | Amanda Lacaze | Sell | 700 | $3,532,130 |
On-market trade.
|
| 02 Feb 2021 | Vanessa Guthrie | Buy | 6 | $29,424 |
On-market trade.
|
| 27 Nov 2020 | Amanda Lacaze | Issued | 473 | $1,742,137 |
Issue of securities. 2,513,454 - Employee Performance Rights.
|
| 14 Sep 2020 | Grant Murdoch | Issued | 18 | $42,566 |
Rights issue.
|
| 14 Sep 2020 | Philippe Etienne | Issued | 8 | $19,904 |
Rights issue.
|
| 14 Sep 2020 | John Humphrey | Issued | 6 | $14,936 |
Rights issue.
|
| 14 Sep 2020 | Richard (Mike) Harding | Issued | 8 | $19,467 |
Rights issue.
|
| 14 Sep 2020 | Kathleen Conlon | Issued | 15 | $34,536 |
Rights issue.
|
| 14 Sep 2020 | Amanda Lacaze | Issued | 8 | $19,924 |
Rights issue.
|
| 14 Sep 2020 | Amanda Lacaze | Sell | 1 | $2,625,052 |
On-market trade.
|
| 14 Sep 2020 | Amanda Lacaze | Issued | 35 | $80,870 |
Rights issue.
|
| 11 Sep 2020 | Amanda Lacaze | Exercise | 109 | $260,863 |
Conversion of securities. 2,182,056 - Performance Rights
Reported date of change seems typo, collected considering reconciliation. |
| 11 Sep 2020 | Amanda Lacaze | Cancelled | 142 | $339,401 |
Cancellation of securities. 2,040,047 - Performance Rights
|
| 11 Sep 2020 | Amanda Lacaze | Buy | 109 | $260,863 |
Conversion of securities. Reported date of change seems typo, collected considering reconciliation.
|
Directors & Management Data provided by Morningstar.
| Name | Title | Start Date | Profile |
|---|---|---|---|
| Mr John Scott Humphrey | Non-Executive Director | May 2017 |
Mr Humphrey is a senior consultant to King & Wood Mallesons. He was the Dean of the Faculty of Law at Queensland University of Technology until June 2019. His key areas of expertise include mergers and acquisitions, corporate finance and corporate governance. He has held non-executive director positions at other listed companies over many years and is currently Chairman and Non- Executive Director of Auswide Bank Ltd (formerly Wide Bay Australia) and Spotless Group Holdings Ltd. His previous positions include Non- Executive Director of Horizon Oil Ltd, Deputy Chairman of King & Wood Mallesons, Non-Executive Director of Downer EDI Ltd, Villa World Ltd, and Sunshine Broadcasting Network Ltd. He has also served as a member of the Australian Takeovers Panel. Mr Humphrey is a member of the Risk Committee and Community Committee.
|
| Ms Kathleen Marie Conlon | Non-Executive DirectorNon-Executive Chairman | Nov 2011 |
Ms Conlon has knowledge and operational experience.Kathleen is currently the Chair of the Community Committee and a member of the Health, Safety and Environment Committee.
|
| Dr Vanessa Ann Guthrie | Non-Executive Director | Oct 2020 |
Dr Guthrie is an experienced Board director with over 30 years' experience in the resources sector. Vanessa has operational and major projects experience in the resources industry in Western Australia. She is currently Deputy Chair of the WACA, a non-executive Director of the Australian Broadcasting Corporation, Santos Limited and Tronox Holdings PLC, a Lead Independent Director and Deputy Chair of Adbri Limited, and Pro-Chancellor of Curtin University.
|
| Ms Amanda Margaret Lacaze | Chief Executive OfficerExecutive DirectorManaging Director | Jun 2014 |
Ms Lacaze brings more than 25 years of senior operational experience to Lynas, including as Chief Executive Officer of Commander Communications, Executive Chairman of Orion Telecommunications and Chief Executive Officer of AOL|7. Prior to that, Ms Lacaze was Managing Director of Marketing at Telstra and held various business management roles at ICI Australia (now Orica and Incitec Pivot). Ms Lacaze's early experience was in consumer goods with Nestle. Ms Lacaze is currently a Non-Executive Director of ING Bank Australia Ltd.
|
| Mr Grant Bruce Murdoch | Non-Executive Director | Oct 2017 |
Mr Murdoch has more than 38 years of chartered accounting experience. From 2004 to 2011, Mr Murdoch led the corporate finance team for Ernst & Young Queensland and was an audit and corporate finance partner with Deloitte from 1980 to 2000. Mr Murdoch has experience in providing advice in relation to mergers, acquisitions, takeovers, corporate restructures, share issues, pre-acquisition pricing due diligence advice, expert reports for capital raisings and initial public offerings. He was previously a director and the chair of the audit committee for ALS Limited, Redbubble Limited and QIC. He is a senator of the University of Queensland (as well as chair of the risk committee and member of the finance committee), an adjunct professor at the University of Queensland Business School and a director of UQ Holdings Limited. He is a member of the AICD State Council for Queensland for the Australian Institute of Company Directors. Mr Murdoch is the Chair of the Risk Committee.
|
| Mr Philippe Gerald Etienne | Non-Executive Director | Jan 2015 |
Mr Etienne is a Non-Executive Director of Cleanaway Waste Management Limited (formerly Transpacific Industries Group Ltd), Aristocrat Leisure Limited and Chairman of ANZ Terminals Pty Ltd. Mr Etienne was also the former Managing Director and Chief Executive Officer of Innovia Security Pty Ltd. Previously, he was Chief Executive Officer of Orica Mining Services and was a member of Orica Limited's Executive Committee. His career includes senior executive positions with Orica in Australia, the USA and Germany including strategy and planning and responsibility for synergy delivery of large scale acquisitions. Mr Etienne is the Chair of the Health, Safety and Environment Committee and a member of the Risk Committee.
|
| Ms Sarah Leonard | Company SecretaryGeneral Counsel | Jan 2021 |
-
|
| G Sturzenegger | CFO |
-
|
|
| Sarah Leonard | Company SecretaryGeneral Counsel |
-
|
|
| M Ahmad | MD Malaysia |
-
|
|
| M Afzan Afza | VP People & Culture |
-
|
|
| K Leung | VP Production |
-
|
|
| P Le Roux | VP Sales & Marketing |
-
|
Top Shareholders Data provided by Morningstar.
| Name | Shares | Capital |
|---|---|---|
| HSBC Custody Nominees | 207,088,671 | 24.34% |
| J P Morgan Nominees Australia Pty Ltd | 132,308,459 | 15.55% |
| Citicorp Nominees Pty Limited | 93,223,742 | 10.96% |
| National Nominees Limited | 60,967,121 | 7.16% |
| Merrill Lynch (Australia) Nominees Pty Ltd | 42,324,634 | 4.97% |
| BNP Paribas Nominees Pty Ltd | 13,659,916 | 1.60% |
| BNP Paribas Noms Pty Ltd | 9,783,238 | 1.15% |
| Argo Investments Limited | 6,779,221 | 0.80% |
| HSBC Custody Nominees i | 6,566,112 | 0.77% |
| Medich Capital Pty Ltd | 6,090,940 | 0.72% |
| Medich Capital Pty Ltd i | 5,600,000 | 0.66% |
| BNP Paribas Nominees Pty Ltd i | 4,835,804 | 0.57% |
| Amanda Lacaze And Wayne Morgan < The Morgan Lacaze A/C> | 4,286,889 | 0.50% |
| HSBC Custody Nominees ii | 4,248,291 | 0.50% |
| Malay Sino Chemical Industries | 3,107,686 | 0.36% |
| HSBC Custody Nominees iii | 3,056,015 | 0.36% |
| Provedore Holdings Pty Limited | 2,064,329 | 0.24% |
| HSBC Custody Nominees iv | 2,056,766 | 0.24% |
| Ms Bo Xu | 1,920,000 | 0.23% |
| BNP Paribas Nominees Pty Ltd ii | 1,847,723 | 0.22% |