Lynas Corporation Ltd | LYC

Lynas Corporation Ltd traded at 9.72 this Friday August 19th, decreasing 0.09 or 0.92 percent since the previous trading session. Looking back, over the last four weeks, Lynas Corporation Ltd lost 15.44 percent. Over the last 12 months, its price rose by 53.55 percent. Looking ahead, we forecast Lynas Corporation Ltd to be priced at 9.49 by the end of this quarter and at 8.84 in one year, according to Trading Economics global macro models projections and analysts expectations.

Stock Price
9.72
Daily Change
-0.92%
Yearly
53.55%

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Lynas Corporation Ltd
Lynas Rare Earths Limited, formerly Lynas Corporation Ltd, is a Malaysia-based company engaged in integrated extraction and processing of rare earth minerals, primarily in Australia and Malaysia, and development of rare earth deposits. The Company’s assets include Mt Weld, Mt Weld Concentration Plant and Lynas Malaysia. Mt Weld is a rare earths mine, located approximately 35 kilometer (km) south of Laverton in Western Australia. Mt Weld Concentration Plant is located approximately 1.5km from the mine site. Lynas Malaysia is an integrated manufacturing facility, separating and processing rare earths materials, located in the Gebeng Industrial Estate near the Port of Kuantan in Malaysia. Its subsidiaries include Lynas Malaysia Sdn Bhd and Lynas Services Pty Ltd.