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0.000680272108843523 0.000680272108843523 0.00272108843537409 0.0054421768707483 0.00170068027210887 0.00238095238095239 0.00476190476190478 0.00408163265306126
Stock impact report

Lynas Extends JARE Deal And License As Valuation Stretches Higher [Yahoo! Finance]

LYNAS RARE EARTHS S/ADR (LYSDY) 
Company Research Source: Yahoo! Finance
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. Lynas Rare Earths (ASX:LYC) has extended its long term supply agreement with Japan Australia Rare Earths (JARE) through to 2038. The agreement includes firm demand and market linked pricing mechanisms for key rare earth materials supplied to Japanese customers. Lynas has also received a 10 year renewal of the operating license for its Malaysian processing facility. Lynas Rare Earths, one of the key non Chinese suppliers of rare earth materials, sits at the center of demand from sectors such as electronics, autos and clean energy. The extended JARE offtake agreement and pricing structure link a significant portion of that industrial demand to Lynas for well over a decade, while the Malaysian license renewal supports continuity for its processing operations. For you as an investor, this combination of long dated offtake and regulatory cla Show less Read more
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