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Lynas Management Discusses Q2 2012 Results - Earnings Call TranscriptTue, Jul 31, 2012 • 2 Comments
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Lynas Management Discusses Q2 2012 Results - Earnings Call TranscriptTue, Jul 31, 2012 • 2 Comments
Lynas Corporation Limited, together with its subsidiaries, engages in the exploration and development of rare earths deposits and mineral resources. The company holds interest in the Mount Weld project, which includes rare earths oxide deposits located to the south of Laverton, Western... More
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- Tuesday, December 11, 2012, 4:00 PM Molycorp (MCP +5.8%) posts its second straight strong gain, as the picture grows brighter: Large stockpiles of rare earths are finally starting to dwindle, and top competitor Lynas is undergoing regulatory problems with Malaysia's government. How much higher can MCP climb? Oracle's Laurence Balter has a $50 price target, but shares still would be shy of their 2011 summer high near $7. 4 Comments [Commodities, On the Move]
- Monday, December 10, 2012, 3:19 PM Lynas' (LYSCF.PK, LYSDY.PK) plans to ramp up rare earth materials via its new Malaysian plant suffer a setback, as four ministers say it must export waste material in Malaysia or risk having its operating license revoked. The ministers' statement followed reports citing Lynas Malaysia's director as saying the company would not export residue from the plant. MCP +19.8%, AVL +10%, REE +9.5%. 7 Comments [Commodities, Global & FX, On the Move]
- Thursday, June 21, 2012, 12:20 PM Australian miner Lynas (LYSCF.PK -12%) gives back all of the gains it made following parliamentary approval in Malaysia on Tuesday of a controversial rare earths processing facility. A coalition of groups opposing the plant today vowed "wave after wave" of protests that they won't stop until "the world’s largest radioactive dump" is forced out. Comment! [On the Move]
- Thursday, June 14, 2012, 2:58 PM With many rare-earth stocks (REMX) near 52-week lows, now may be the time to dig in to sector bargains, Jacob Securities' Luisa Moreno says. Prices for rare-earth elements "are approaching levels which are economic again," so she sees demand starting to pick up and prices stabilizing in H2. It may take time to affect stocks, but she likes MCP, TAS, MTCEF.PK, LYSCF.PK. 4 Comments [Commodities, Quick Ideas]
- Tuesday, July 5, 2011, 7:33 AM On a breathtaking tear all year, rare earth metals prices fall M/M for the first time in June, according to Lynas (LYSCF.PK). "There are whole industries disappearing at the moment" because of high prices, says a producer. China is expected to announce rare earth export quotes for H2 in the coming days. Comment! [Global & FX, Commodities]
- Thursday, June 30, 2011, 10:53 AM Shares of rare earth companies soar after reports a competitor's large refinery in Malaysia faces problems. The Australian Stock Exchange halted trading yesterday on Lynas Corp. (LYSCF.PK -8.8%) in advance of a news conference outlining its safety issues. Gainers: MCP +6.2%, REE +3.9%, AVL +4.6%. Comment! [Energy, On the Move]
- Thursday, May 5, 2011, 2:18 PM Goldman Sachs analysts predict a glut in rare earth supplies by 2013 as new mines open to take advantage of massive price increases. The bank's view is in direct contrast with rare earth producer Lynas (LYSCF.PK +6.9%) who says the world's major exporter (China) is on the verge of becoming a net importer. MCP -3.7%, AVL -7.0%. 3 Comments [Commodities, Global & FX]
- Tuesday, March 8, 2011, 10:15 AM Lynas (LYSCF.PK) rushes to finish a $230M rare earth refinery in Malaysia that will process ore shipped from its Australian mines. The first such plant to be built outside of China in 3 decades, it could meet 1/3 of the world's rare earth demands within 2 years. Comment! [Global & FX]
- Tuesday, February 15, 2011, 1:40 PM Documents obtained by Bloomberg show Australia blocked a 2009 bid by China to purchase 52% of strapped rare earth miner Lynas (LYSCF.PK) over concern it could threaten supplies to non-Chinese users. Lynas subsequently raised cash elsewhere, and its value has risen 25X since the 2009 bottom. 3 Comments [Global & FX]
- Wednesday, November 24, 2010, 7:36 AM 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) Comment! [Global & FX]
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Alex B. Gray
Lynas $LYSDY.PK (ADR's) $LYSCF.PK (Ordinary Shares) continues run that started earlier this year up over 6% today. Lynas mines rare earths. - View all 0 replies
Lynas Corporation Limited, together with its subsidiaries, engages in the exploration and development of rare earths deposits and mineral resources. The company holds interest in the Mount Weld project, which includes rare earths oxide deposits located to the south of Laverton, Western Australia. It also operates concentration plant in Mount Weld, Western Australia; and is involved in the planning, design, and construction of an advanced materials processing plant for the production and distribution of rare earth oxides in Malaysia. In addition, the company has a strategic alliance with Sojitz Corporation for the Lynas Rare Earths project. Lynas Corporation Limited is headquartered in Sydney, Australia.

