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0.0418772563176895 0.0418772563176895 0.0418772563176895 0.0108303249097473 0.0180505415162455 0.0072202166064983 0.028158844765343 0.0707581227436823
Stock impact report

Rare Earth Stocks Rally as US-China Spat Fuels Supply Fears [Yahoo! Finance Canada]

LYNAS RARE EARTHS S/ADR (LYSDY) 
Most Read from Bloomberg On Monday, Arafura Rare Earths Ltd., which is developing a rare earths mine in Australia's Northern Territory, rose as much as 27% to its highest level in more than two years. Lynas Rare Earths Ltd., already a key global producer, climbed as much as 8.5%, Iluka Resources Ltd. added as much as 6.3% and Australian Strategic Materials Ltd. jumped as much as 42%. While Trump sought to cool the latest stand-off with his Chinese counterpart Xi Jinping, the episode may feed into a push by western policymakers to reduce reliance on China. Australia is considering a A$1.2 billion ($782 million) strategic minerals reserve among other measures as part of an agreement with the US, The Age reported on Sunday, citing a leaked departmental briefing paper. Rare earths miners have spiked since April, when China threatened widespread industrial disruptions by slapping export controls on seven rare earths and products that contain them. On Thursday, Beijing said it would Show less Read more
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