Lynas Rare Earths share price: ASX:LYC ends the week higher as price-floor talk returns — what to watch next
Lynas Rare Earths closed Friday up 0.7% at A$16.86, capping a 9% weekly gain after reporting a 43% jump in quarterly sales revenue on higher prices, despite output falling to 2,382 tons due to power outages at its Kalgoorlie plant. CEO Amanda Lacaze said policy support is helping, as governments discuss price floors for rare earths. The ASX reopens Tuesday after the Australia Day holiday.