Lynas Rare Earths Ltd (ASX: LYC) Share Price and News
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Lynas Rare Earths Ltd Chart and Price Data
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as at 24 Feb 3:44pm
Lynas Rare Earths Ltd (ASX: LYC)
Latest News
Materials Shares
Lynas share price resets 52-week low twice in one week
Materials Shares
Tesla-induced sell-off of ASX rare earths shares like Lynas overblown: experts
Materials Shares
Lynas share price rebounds on $200m Japanese Government investment
Resources Shares
Lynas Rare Earths has plunged 20% in a month: Is it a buy?
52-Week Lows
Why did the Lynas share price just hit a 52-week low?
Share Market News
Here are the 3 most heavily traded ASX 200 shares on Tuesday
Share Fallers
Why Brainchip, Lynas, Megaport, and Universal Store shares are dropping today
Share Fallers
Why Fortescue, Lynas, Myer, and New Hope shares are dropping today
Materials Shares
Why is the Lynas share price being thumped on Thursday?
Resources Shares
Are Lynas shares a buy following Monday's 6% dive?
Earnings Results
Lynas share price slips as costs jump 32%
Resources Shares
4 ASX 200 mining shares to buy for takeover potential: expert
Frequently Asked Questions
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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.
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Lynas has its head office in Perth, Western Australia. It also has a corporate office in Kuala Lumpur, Malaysia.
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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.
| Date | Announcement | Price Sensitive? | Time | No. of Pages | File 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.