Articles Tagged "ASX:LYC"

Lynas Reports Increased Revenues, but Still Drawing Skepticism

The share price of Australia's Lynas Corporation is down 75 percent year-to-date, so investors were no doubt happy to see some positive news in the company's first-quarter results. But although Lynas reported a respectable increase in both revenues and production, also decreasing its operating costs, it's still facing some struggles.

Rare Earths Producers Still Beholden to Chinese Supply

In an article for Tradingfloor.com, Adam Courtenay suggests that the performance of rare earths producers such as Australia's Lynas Corp (ASX:LYC) and Molycorp (NYSE:MCP) is still tied to how much rare earths supply China releases into the market. However, the author saw things looking up overall for producers outside of China.