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Here’s why the Lynas (ASX:LYC) share price jumped 7% higher today – The Motley Fool Australia

The Lynas Rare Earths Ltd (ASX: LYC) share price is on the move on Friday after providing a positive update on its US activities…

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The Lynas Rare Earths Ltd(ASX: LYC) share price is on course to end the week on a very positive note.
At the time of writing, the rare earths producer’s shares are up 7% to a multi-year high of $5.25.
Why is the Lynas share price jumping higher?
The catalyst for this strong gain has been an announcement this morning in relation to its activities in the United States.
According to the release, the company has entered into an agreement with the United States Government to build a commercial Light…

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