18/04/2024 09:07

Lynas Rare Earths Ltd (LYC) $6.45

We have discussed rare earth player LYC several times over recent years, although the stock has never been included in our Active Growth portfolio. The stock and sector have struggled since 2022 in a very similar fashion to lithium, as the NdPr price has been under pressure due to a weak Chinese economy. However, we believe China's economy is improving, which would provide a solid backdrop for Lynas, i.e. LYC’s earnings will follow if/when prices recover, aided by the added capacity on the back of the Malaysia licence deal sealed last October. Also, with ~6.5% of LYC shares being held short, there is plenty of scope for a short covering squeeze higher if corporate action starts to unfold.

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08/02/2024 09:00

Lynas Rare Earths Ltd (LYC) $6.04

LYC is the largest rare earth supplier outside of China, but the market is a volatile one, and prices for the company’s high-value NdPr have been under pressure for the last few quarters in line with a weak Chinese economy, i.e. like so many commodities the world’s 2nd largest economy is the largest consumer.

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20/11/2023 09:17

Trade Alerts – Emerging Companies Portfolio

We are making multiple amendments to the Emerging Companies Portfolio

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25/10/2023 09:17

Lynas (LYC) $6.82

The rare earths company surged late yesterday following headlines announcing the Malaysian Government had agreed to extend the company’s operating licence to continue processing production out of their Mt Weld mine in WA. The decision is a big win for Lynas, they now have a processing facility in place to continue operations as normal while their new Kalgoorlie facility comes online.

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31/07/2023 16:50

Lynas Rare Earths (LYC) $6.73

LYC +2.59%: a better than feared update helped support shares of the rare earth minerals company today. Their mt Weld asset saw record production in the quarter of 4,475t of REO including 1,864t of NdPr, though cash receipts were down as the company held back sales given lower prices.

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18/07/2023 09:25

Lynas Rare Earths Ltd (LYC) $6.92

LYC slipped -2.5% on Monday not helped by Citi reducing its target price by over 7% to $7.55, less than 10% above yesterday’s close. This is a volatile stock that swings 10-20% on a regular basis making it one to add to into dips as opposed to chase into strength.

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08/05/2023 16:39

Lynas Rare Earths (LYC) $7.37

LYC +12.01%: the rare earths company saw shares jump to a ~2-month high today after Malaysia agreed to extend the deadline for licence amendments due to come in on July 1.  The 6-month extension allows Lynas to continue operations as usual at their processing facility in the country after a long-running battle to ease the restrictions.

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06/03/2023 16:55

Lynas (LYC) $7.45

LYC-4.49%: slipped to a 4-month low today before recovering somewhat, though it is still down 14% over the past 3 months. The recent weakness largely stems from Tesla (TLSA) announcing they were working on replacing the rare earth materials in their EVs to reduce costs.

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30/01/2023 17:04

Lynas Resources (LYC) $9.71

LYC +6.94%: the rare earths company put out some impressive 2Q production numbers, rebounding from a weak start to the year to beat expectations. Revenue was up 15% vs 2Q22 while total REO production was 27% higher than the 1st quarter as water supply shortages subsided. The company said the average selling price was in line with the prior quarter, however, demand...

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15/12/2022 09:34

Lynas Rare Earths Ltd (LYC) $8.27

LYC is a stock which many Australian speculators like to play but it has fallen -19% year-to-date although there have been some major swings in both directions through the year. A few months ago the company had some issues with the water supply for its Malaysian operations but these problems appear to be improving plus importantly the company...

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