Miner Lynas (LYSCF.PK) rose in Aussie trading after reaching a deal with Japanese trading house...

|About: Lynas Corp. Ltd. (LYSCF)|By:, SA News Editor

Miner 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)