LYC +10.58%: the standout in the top 200 was Lynas which crashed through all-time highs following a strong quarterly update. The company saw total sales climb to $US137m for the 3 months, up around 20% from the first quarter. This came despite some production headwinds with their Malaysian processing facility running at a reduced capacity on the back of COVID restrictions. They continue to see strong demand being reflected in pricing for their rare earths.
MM remains bullish and long LYC
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