Lynas Shares Surge After Rare Earths Deal Revamp with Japan
Japan is deepening its ties with Australian miner Lynas for rare earths, securing supply as the world seeks to diversify critical material sources, which has caused Lynas shares to surge following a revamped deal including guaranteed long-term prices, with a UBS analyst noting the deal 'future…
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Japan Deepens Rare Earths Ties With Lynas as World Seeks Supply - Bloomberg
Japan Deepens Rare Earths Ties With Lynas as World Seeks Supply Bloomberg
Read full article →Lynas surges 15% after revamp of rare earths deal with Japan
The commitment of Japan to pay guaranteed long-term prices for the critical materials is the latest sign of the enduring impact of China’s supply squeeze.
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