Lynas Rare Earths stock jumps 5% on price-floor chatter — what ASX:LYC investors watch next
Lynas Rare Earths shares rose about 5% to A$16.01 on Wednesday, among the top gainers on the Australian market. The rally followed comments from Resources Minister Madeleine King on a possible government-backed price floor for critical minerals. Investors await details as Washington hosts talks on a U.S.-led alliance for critical minerals trade outside China’s supply chain.