Business
Is the “rollercoaster over” for Lynas Rare Earths (ASX:LYC)?
The Lynas Rare Earths Ltd (ASX: LYC) share price has been a rags to riches story, from a company on the verge of collapse due to plummeting rare earth prices back in 2018 to taking leadership in the sector as the world’s second largest producer outside of China.
The Lynas share price surged ~80% last year on the back of higher rare earth prices and mounting interest for renewables-related investments. As more players aim to take part in rare earth production, could this pose a new threat to rare earth prices?
Favourable market settings for Lynas Rare Earths
In the company’s half-year results presentation, it highlighted the apparent…
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