Lynas Rare Earths Shares Drop on Slower December Quarter Output

Jan 17, 2025

Lynas Rare Earths Limited (ASX: LYC) saw its share price decline by 5.6% to $6.69, reflecting concerns over reduced production in the December quarter. The company, a major global supplier of rare earth materials, reported lower output levels during this period, which has impacted market sentiment. Lynas continues to navigate operational challenges while maintaining its focus on meeting growing demand for rare earths, crucial for industries like technology and renewable energy.

 

 

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