Lynas Rare Earths Ltd (ASX: LYC) Share Price and News
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Lynas Rare Earths Ltd (ASX: LYC)
Latest News
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Rare earths are now in the red for 2022. What does this mean for the Lynas share price?
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What's the outlook for the Lynas share price in FY23?
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Lynas share price higher following record Q4 sales
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Odd one out: Lynas share price inches ahead while miners drill down
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Could this be why the Lynas share price is rallying 6% today?
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The Lynas share price soared 53% in the 2022 financial year. Here's what happened
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Why did the Lynas Rare Earths share price tumble in June?
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Own Lynas shares? Here's the latest challenge faced by the rare earths miner
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Mineral Monday: What you need to know about rare earths and which ASX shares are cashing in on them
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Guess which ASX 200 mining shares these experts are backing
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.