Lynas Rare Earths Limited (LYSDY)
| Previous Close | 4.1500 |
| Open | 4.1000 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 4.1000 - 4.2000 |
| 52 Week Range | 4.1000 - 8.7300 |
| Volume | |
| Avg. Volume | 132,362 |
| Market Cap | 3.792B |
| Beta (5Y Monthly) | 0.87 |
| PE Ratio (TTM) | 246.47 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Oct 23, 2014 |
| 1y Target Est | N/A |
- Simply Wall St.
Lynas Rare Earths Limited's (ASX:LYC) market cap dropped AU$679m last week; individual investors who hold 59% were hit as were institutions
Key Insights The considerable ownership by individual investors in Lynas Rare Earths indicates that they collectively...
- Reuters
UPDATE 2-Australia's Lynas Rare Earths gets $134 mln funding from Japan to boost output
Australia's Lynas Rare Earths Ltd has secured A$200 million ($134 million) in funding from Japan to increase light and heavy rare earth materials output by developing current and planned projects, it said on Tuesday. The agreement with Japan Australia Rare Earths, jointly owned by state-owned Japan Organization for Metals and Energy Security (JOGMEC) and Sojitz Corp, will also forego historical $11.5 million in interest due under a prior loan. Rare earths are used in industries including the production of magnets for motors for electric vehicles and wind turbines.
- Reuters
UPDATE 4-Lynas Rare Earths' production disruption concerns persist
Lynas Rare Earths Ltd said it was focused on getting its new plant in Australia up and running amid concerns its Malaysian facility would have to be partly wound down, as it posted a 4% drop in first-half profit on Monday. The world's biggest producer of rare earths metals outside China faces the prospect it will have to stop cracking and leaching in Malaysia after regulators said it must halt importing and processing rare earths concentrate from July. Lynas has appealed that decision, while at the same time is racing to complete construction of a plant in Kalgoorlie in Western Australia to handle cracking and leaching, essential to producing neodymium and praseodymium (NdPr) used in magnets in sectors from electrified transport to defence.
