Lynas Rare Earths stock jumps nearly 4% as magnet-metal prices climb — what’s next for ASX:LYC
Lynas Rare Earths closed up 3.9% at A$14.82 in Sydney after two days of losses, with about 4.9 million shares traded. Neodymium prices jumped 4.3% on Feb. 9 and are up 32% in a month. Investors are watching for Lynas’ interim results on Feb. 25–26. CEO Amanda Lacaze plans to retire at the end of the financial year.