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Miner Lynas (LYSCF.PK) rose in Aussie trading after reaching a deal with Japanese trading house...
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Wednesday, November 24, 2010, 7:36 AM ETMiner Lynas (LYSCF.PK) rose in Aussie trading after reaching a deal with Japanese trading house Sojitz to supply rare earth metals, with details to follow. Reports say Sojitz will pay $300M for the rights to buy 8,500 tons of the crucial metals, equal to ~30% of annual demand in Japan. (background)
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