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Why rare earth miners could be the next ASX shares to boom – Motley Fool Australia
Could rare earth miners such as Lynas Corporation Ltd (ASX: LYC) be the next ASX shares to boom?
China controls more than 80 per cent of the world’s rare earth supply and heightened tensions with the US could see exports restrictions come into play. Global supply risks combined with the demand-side application of rare earths for industries such as defence, renewables and technology could make rare earth miners the next ASX shares to boom.
ASX shares in the rare earths sector
Lynas Corporation Ltd (ASX: LYC)
Lynas is the largest rare earths producer outside of China with its flagship Mt …
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