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Lynas Corp. Ltd. (LYSCF)

- OTCPK - Current
  • Fri, Apr. 24, 12:47 PM
  • Jun. 17, 2014, 6:18 PM
  • Mar. 26, 2014, 3:38 PM
  • Jul. 31, 2013, 12:53 PM
  • May 28, 2013, 8:36 AM
    Demand for rare earth oxides has troughed, which could be good news for Molycorp (MCP) after another 12% decline in prices during May, Morgan Stanley says, but additional supply from MCP and Lynas in H2 of this year could put prices back under pressure. The firm keeps its Equal Weight rating on MCP but raises its Q2 EPS estimate to a $0.25 loss from a $0.30 loss. MCP +2% premarket.
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  • Dec. 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.
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  • Dec. 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%.
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  • Jun. 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.
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  • Jun. 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.
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  • Jul. 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.
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  • Jun. 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%.
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  • 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%.
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  • Mar. 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.
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  • Feb. 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.
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  • Nov. 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)
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Company Description
Lynas Corporation Ltd is an ASX 200 listed company, with the strategy to create a reliable, fully integrated source of Rare Earths from mine through to market, and to become the benchmark for the security of supply and environmental standards in the global Rare Earths industry. The foundation of... More
Industry: Gold
Country: Australia