Lynas Rare Earths share price slips after export-curb rally as traders eye Jan. 21 update
Lynas Rare Earths dropped 5.4% to A$14.24 on Thursday, reversing part of Wednesday’s 14.5% surge after China banned exports of “dual-use” items to Japan. The stock traded 8.36 million shares as investors weighed risks to rare earth supply. G7 finance ministers will meet Jan. 12 to discuss supply and a possible price floor. Lynas will report quarterly results Jan. 21.