Lynas Rare Earths Ltd (ASX: LYC) Share Price and News

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  • Lynas Rare Earths Ltd (ASX: LYC)
    Latest News

    Top ten gold trophy.
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    Lynas shares slide amid construction challenges

    Lynas is having a few issues with the commissioning of its Kalgoorlie Rare Earths Processing Facility.

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    Why Appen, DGL, Lynas, and Pilbara Minerals shares are falling today

    It has been a tough session for these ASX shares on Thursday.

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    Down 20% since February, have Lynas rare earths shares been oversold?

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    'Good entry point': 2 ASX 200 mining shares now ready to buy

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    A male geologist wearing a white hardhat and orange high vis vest talks on a walkie-talkie while staring at a rock showing mineral deposits
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    Better ASX rare earths buy: Iluka or Lynas shares?

    This top broker is bullish on just one of the ASX 200 rare earths duo.

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    The Lynas share price rocketed 17% in May. What's next?

    Could the rare earths stock rise another 18%?

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    Frequently Asked Questions

    Lynas was founded in 1983 as Yilgangi Gold NL, before changing its name to Lynas Gold NL in 1985. It listed on the ASX in September 1986. In 2000 it became Lynas Corporation Limited, selling off its gold division to focus on rare earths.

    Lynas has its head office in Perth, Western Australia. It also has a corporate office in Kuala Lumpur, Malaysia.

    No, Lynas has yet to pay out any dividends to shareholders.

    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.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Lynas Rare Earths Ltd

    Lynas Rare Earths Ltd (ASX: LYC) is primarily involved in the exploration, development, and processing of rare earth minerals in Australia and Malaysia. It is one of few rare earth producers outside of China.

    Lynas owns and operates a mining and concentration plant at Mt Weld, Western Australia and a manufacturing facility in Kuantan, Malaysia.

    A rare earths processing plant is currently under construction at Kalgoorlie, Western Australia, while in June 2022, Lynas signed a $120 million contract with the US Defense Department for the construction of a rare earths separation facility in Texas, United States.

    The company says demand is continuing to grow for rare earths, such as neodymium and praseodymium (NdPr), for use in electric vehicles and for wind energy.

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