Electric vehicles, wind turbine demand drive Lynas’s bumper profit – Sydney Morning Herald

And we bank all the upside thanks to costs controls, she said.
Analysts at Euroz Hartleys Research said they would maintain their $5.50 price target and buy recommendation in acknowledgement of the optionality Lynas provides amidst a topical rare earth macro (environment) and surging prices.
The company said it had achieved strong results across all of its key financial metrics, while running production at 75 per cent of capacity. Despite ongoing uncertainty in the global economy and logistics/supply…

Click here to view the original article.