Lynas Corporation Limited
Lynas Corporation Ltd is an ASX 100 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 this strategy is Mount Weld in Western Australia, the richest known deposit of Rare Earths in the world, and a state-of-the-art Rare Earths processing plant, the Lynas Advanced Materials Plant (LAMP), currently under construction near Kuantan in Pahang, Malaysia. Production is scheduled for third quarter of 2011.
Lynas is set to provide the first new source of supply of Rare Earths outside of China when it comes into production in the third quarter of 2011. We believe this timeframe puts us well ahead of our competitors. Our customers’ requirements and commitments are driving the business development strategy for products to be produced, growth of production and collaboration with partners in the value chain.
Market Reports /
by Katrina Bullock -
4 years ago
05 Mar 2021 - Despite a slight bump at the open, the ASX has trended lower during the first 2 hours of trade and is down 1.3 per cent at noon. The Tech, Health care and Materials s…
Market Reports /
by Katrina Bullock -
4 years ago
26 Feb 2021 - Aussie shares dropped in early trade and tracked sideways for most of the afternoon to end 2.4 per cent lower. The Information Technology sector led the losses today,…
Market Reports /
by Katrina Bullock -
4 years ago
26 Feb 2021 - The Australian share market opened lower following negative leads from Wall Street. It fell in early trade and is tracking 2.2 per cent lower at noon. All of the sect…
Market Reports /
by Katrina Bullock -
4 years ago
29 Jan 2021 - Aussie shares ended lower today, deepening yesterday’s sell off. Energy stocks were the hardest hit, dropping over 2 per cent as the iron price weakened. At the closi…
Market Reports /
by Katrina Bullock -
4 years ago
29 Jan 2021 - The Australian market opened higher following positive leads from Wall Street and continues to rise in early trade. Healthcare and Industrial stocks are leading the c…
Market Reports /
by Melissa Darmawan -
4 years ago
28 Jan 2021 - It has been a negative day of trade for the ASX following the biggest decline since October on Wall St. The best performing stock was Unibail-Rodamco Westfield (ASX:U…
Market Reports /
by Katrina Bullock -
4 years ago
22 Jan 2021 - The Australian share market has drifted lower in early trade following mixed leads from international markets and is tracking 0.1% lower at noon. The Healthcare secto…
Market Reports /
by Katrina Bullock -
4 years ago
11 Dec 2020 - The Australian share market opened lower and continued this down trajectory for the first part of the session. Just over half of the sectors are trading lower this mo…
Market Reports /
by Katrina Bullock -
4 years ago
19 Oct 2020 - The Australian share market opened flat, rose in early trade and tracked sideways for most of the day to end 0.9 per cent higher. All of the sectors, except REITs mad…
Market Reports /
by Katrina Bullock -
4 years ago
19 Oct 2020 - The Australian share market opened flat and is trading 0.97 per cent higher at noon. All of the sectors have advanced this morning, except Real Estate Investment Trus…
Stock Watch /
by Michael Gable -
4 years ago
12 Oct 2020- Fairmont Equities Managing Director Michael Gable provides the latest update on the ASX 200 and analyses SLX, LYC and PTM
Market Reports /
by Ortenzia Borre -
4 years ago
10 Sep 2020 - The Australian share market opened higher this morning and closed 0.5 per cent up at the end of trade. According to the Australian Bureau of Statistics, there were 27…
Market Reports /
by Ortenzia Borre -
4 years ago
10 Sep 2020 - The Australian share market opened higher this morning and is now trading 0.6 per cent up at noon. Woolworths Group (ASX:WOW) has appointed Maxine Brenner to its Boar…
Market Reports /
by Katrina Bullock -
4 years ago
27 Jul 2020 - It has been a positive day of trade for the Australian share market. After opening behind the eight ball, the market rebounded in early trade and ended the day 0.3 pe…
Market Reports /
by Katrina Bullock -
4 years ago
27 Jul 2020 - The Australian share market opened slightly lower this morning following mostly negative leads from international markets and rising geopolitical tensions between Chi…
Company News /
by Rachael Jones -
4 years ago
22 Jul 2020 - Lynas corp (ASX:LYC) released their quarter activities report showing production was temporarily shutdown in Malaysia and in Mt Weld as a consequence of the Covid-19 …
Market Reports /
by Ortenzia Borre -
4 years ago
04 May 2020 - The Australian share market closed 1.4 per cent higher. Almost three quarters of Australian businesses (72%) reported that reduced cash flow is expected to have an ad…
Market Reports /
by Ortenzia Borre -
4 years ago
04 May 2020 - The Australian share market opened lower this morning following continued US-China tensions and is now trading 0.3 per cent higher at noon. Lynas Corporation (ASX:LYC…
Market Reports /
by Rachael Jones -
4 years ago
29 Apr 2020 - It has been a positive day of trade for the ASX the local bourse managed to close 1.5% higher. Shares in supermarket Coles (ASX:COL) are down despite growing supermar…
Market Reports /
by Rachael Jones -
4 years ago
29 Apr 2020 - The ASX shot up in mid morning trade and is now tracking almost 1.1% higher at noon. Shares in casino operator Crown Resorts (ASX:CWN) rose today after US company The…
Market Reports /
by Katrina Bullock -
4 years ago
24 Apr 2020 - A late session slump threatened to wipe out today’s gains, however the market managed to edge its way higher over the last 2 hours of trade, to finish the day 0.5 per…
Market Reports /
by Ortenzia Borre -
4 years ago
23 Apr 2020 - The Australian share market rose at the open before falling by noon and continuing to drop closing flat at the end of trade.
Market Reports /
by Ortenzia Borre -
4 years ago
23 Apr 2020 - The Australian share market opened higher again this morning and is now trading 0.5 per cent higher at noon. Clinuvel Pharmaceuticals (ASX:CUV) has launched its Scene…
Market Reports /
by Ortenzia Borre -
4 years ago
23 Apr 2020 - Following positive leads from US markets, Wall Street rallied up on the back of further US stimulus optimism. Oil jumped 19 per cent, hitting a high of 40% on Wednesd…
Market Reports /
by Ortenzia Borre -
4 years ago
15 Apr 2020 - The Australian share market rose at the open before falling by noon and continuing to drop closing 0.3 per cent down at the end of trade. US President Donald Trump ha…