Business
ASX 200 drops 0.3%
The S&P/ASX 200 Index (ASX: XJO) fell by 0.3% today to 6,800 points.
Here are some of the highlights from the ASX:
Lynas Rare Earths Ltd (ASX: LYC)
The Lynas share price was the best performer within the ASX 200 today, rising by more than 13% after making an announcement about a rare earth facility in the US.
Lynas said that it has entered into an agreement with the United States government to build a commercial light rare earths separation plant in the US. This agreement is in collaboration with the US Department of Defence.
The project is scheduled to be completed in accordance with the Department of Defense timetable and as part of the Lynas 2025 plan. Detailed costings are still being finalised, though it’s expected that the…
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