Demand for neodymium and praseodymium (NdPr), among the major minerals that Lynas mines and used to make magnets that power electric motors, has continued to grow as countries push to reduce carbon emissions to combat climate change. Lynas said it continues to receive enquiries from potential new customers - mainly auto-part makers and new magnet manufacturing projects outside of China. The world's largest producer of rare earths outside China said revenue rose to A$232.7 million ($165.15 million) in the three months to Dec. 31, compared with A$202.7 million a year ago.
Today we will run through one way of estimating the intrinsic value of Lynas Rare Earths Limited ( ASX:LYC ) by taking...
Lynas Rare Earths (ASX:LYC) has had a rough month with its share price down 2.0%. But if you pay close attention, you...