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
Share Gainers
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Record Highs
Oops, the ASX 200 did it again! Another record high
52-Week Highs
Lynas Rare Earths stock is near its 52-week high: Should you buy?
52-Week Highs
7 ASX 200 stocks soar to multi-year highs amid new market record
Share Gainers
Here are the top 10 ASX 200 shares today
52-Week Highs
15 ASX 200 shares advancing to multi-year highs today
Share Gainers
Here are the top 10 ASX 200 shares today
52-Week Highs
12 ASX 200 shares that smashed multi-year highs today
Share Gainers
Here are the top 10 ASX 200 shares today
Share Gainers
Here are the top 10 ASX 200 shares today
Share Gainers
These were the best performing ASX 200 shares in July
Broker Notes
Up 64% this year! What's Macquarie's price target for Lynas Rare Earths shares?
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.