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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Lynas Rare Earths Ltd (ASX: LYC)
Latest News
Share Gainers
Why these 4 ASX shares have started the week on a high
Share Fallers
Why these 4 ASX shares have dropped lower today
Share Market News
ALL ORDINARIES finishes lower Tuesday: 8 shares you missed
52-Week Lows
Are these ASX shares too cheap to ignore?
Share Market News
ALL ORDINARIES finishes lower Monday: 8 shares you missed
Share Fallers
Why these 4 ASX shares have started the week in the red
Share Fallers
Lynas Corporation Ltd (ASX:LYC) share price crushed on Malaysia concerns
Share Market News
ALL ORDINARIES finishes higher Friday: 8 shares you missed
Share Fallers
Why these 4 ASX shares are sinking lower today
Share Market News
Why these 3 shares moved higher this week
Resources Shares
Lynas Corporation Ltd (ASX:LYC) shares lift as reserves up
Share Market News
ALL ORDINARIES finishes lower Friday: 9 shares you missed
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.