LYC +0.59%: the company hosted their AGM today which came with continued positive commentary around the rare earths market. Lynas said they now expect the demand for NpDr to grow 10% per year through to 2030, up from 7.5% as the growth in electric vehicles (EV) accelerates. Their products are also needed in a range of clean energy options – including wind power – with demand obviously on the up there as well. LYC is in the middle on building a processing plant in Kalgoorlie, WA, with today’s update showing it is on budget and remains on track for first production in mid-2023.
scroll
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Performance update for March, stocks that drove returns & our current positioning
Close
Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
Close
Market Matters Research Lead Shawn Hickman with David Koch
Close
Wednesday 24th April – DOW +263pts, SPI +27pts
Close
MM remains bullish & long LYC
Add To Hit List
Related Q&A
Your view on several stocks
Is Lynas (LYC) a bargain?
Does MM prefer Lynas or Iluka?
Your comments on some stocks please
What are MM’s current View on Lynas (LYC)?
Why did Lynas (LYC) get crunched this week?
What’s MM’s current view on LYC?
Does MM still like the coal price and coal stocks?
Does MM prefer Iluka (ILU) over LYC &/or STA?
Lynas and PLS
Stocks to lighten as I increase cash
Hold or sell Lynas (LYC)?
Greenland & Rare Earths
MM’s view on LYC
Relevant suggested news and content from the site
Video
WATCH
Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
Podcast
LISTEN
Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
Daily Podcast Direct from the Desk
Video
WATCH
Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
Podcast
LISTEN
Wednesday 24th April – DOW +263pts, SPI +27pts
Daily Podcast Direct from the Desk
Members only
UNLOCK MARKET MATTERS NOW
Take a free trial.
No payment details required.