Business
Lynas highlights global moves to secure rare earths – Sydney Morning Herald
The rare earths miner said it is actively engaging with governments over plans to ease China’s grip over the crucial sector which has become central to global trade…
Rare earths refers to 17 elements crucial to the manufacture of many hi-tech products such as mobile phones, electric cars, wind turbines and defence applications. They also have military uses.
“Lynas continues to actively engage with all relevant governments regarding rare earths supply chain resilience and opportunities for governments to support local processing and manufacturing industries,” said Ms Lacaze.
Lynas shares rose around 3 per cent to jump above the $3 mark after the announcement.
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