These were the best performing ASX 200 shares in the Q1 of 2021

The S&P/ASX 200 Index (ASX: XJO) was on form during the first quarter of 2021. Over the three months, the benchmark index climbed 3.1%.

While there were a good number of shares climbing higher with the market, some stood out with particularly strong gains. Here’s why these were the best performers on the ASX 200 during the first quarter:

Lynas Rare Earths Ltd (ASX: LYC)

The Lynas share price was the best performer on the ASX 200 during the quarter with a 55% gain. This rare earths producer’s shares were in demand with investors thanks to a very strong half year result and news out of China. In respect to the latter, reports that China is…