Lynas Rare Earths stock climbs on Australia’s critical minerals reserve focus; what to watch next week
Lynas Rare Earths Ltd shares closed up 4.82% at A$14.78 in Sydney after Australia announced rare earths as a focus in its new A$1.2 billion critical minerals reserve. Trading volume reached about 8.02 million shares. Other rare earth stocks, including Arafura, also rose. Lynas will release December-quarter results on Jan. 21.