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

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    Why did Macquarie just downgrade Lynas shares?

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    Up 20% in a month, here's the bull and bear case for the Lynas share price

    Experts are mixed on the outlook for the producer of rare earth materials.

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    Could Lynas shares pay a dividend in the future?

    The company doesn't pay dividends despite posting a $540 million profit last finanical year.

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    What's boosting the Lynas share price on Wednesday?

    Why are Lynas shares booming today?

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    Was October a month to forget for many of the big miners?

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    Could the Lynas share price have another 15% upside from here?

    One broker believes the rare earths producer could have a substantial upside.

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    A female employee in a hard hat and overalls with high visibility stripes sits at the wheel of a large mining vehicle with mining equipment in the background.
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    2 ASX companies producing minerals the whole world wants: expert

    Stocks for this pair of businesses that dig up the good stuff out of the lucky country have a bright…

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    These ASX 200 shares outperformed all others on Thursday.

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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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