|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||4.1300 - 4.1900|
|52 Week Range||3.7500 - 6.9600|
|Beta (5Y Monthly)||0.83|
|PE Ratio (TTM)||18.91|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Oct 23, 2014|
|1y Target Est||N/A|
LYSDY vs. WPM: Which Stock Is the Better Value Option?
Environmental activists voiced disappointment Wednesday at Malaysia's decision to allow Lynas Rare Earths to continue operations until March 2026, and demanded more transparency on plans by the Australian miner to extract a radioactive element from its growing waste. The government Tuesday said it allowed Lynas to continue to import and process rare earths at its refinery in central Pahang state, reversing a decision for such activities to halt by Jan. 1. This came after Lynas proposed a method to draw out thorium, the radioactive element, from raw feedstock and from over a million tons of waste accumulated at its refinery.
Shares of Lynas Rare Earths hit their highest in over a month on Wednesday, extending gains, after Malaysia allowed the miner to operate its flagship refinery locally with a variation to the operating licence. The government of Malaysia said on Tuesday it will allow Lynas Malaysia, which has been operating in central Pahang state since 2012, to import raw materials containing natural radioactive material and process rare earths until March 2026 after a long-running regulatory battle. The licence extension comes despite concerns raised in recent years by Malaysia regarding radiation levels from the cracking and leaching operations during raw material processing.