Lynas lenders throw miner a lifeline
Shares in rare earths miner Lynas jumped 18.9 per cent on the news that its lenders had extended repayments.
Shares in rare earths miner Lynas jumped 18.9 per cent on the news that its lenders had extended repayments.
Everyone is jumping on the lithium bandwagon, but the newcomers are up against a close-knit clique.
Lynas has earned a reprieve with its lenders agreeing to postpone payments due in May and September until December.
Tintin remains dear to many Europeans, inside and outside Belgium.
Australia's Lynas Corp blamed illegal Chinese miners for adding to an oversupply of rare earths.
Rare earths miner Lynas has narrowed its full year net loss to $118.60 million, from $345.40 million in the previous year, helped by cost reductions and higher sales.
Rare earths miner Lynas has more than doubled its annual revenue as its production rapidly increases.
The collapse of US rare earths miner Molycorp cannot bode well for local player Lynas Corp.
Amanda Lacaze accepts with an easy chuckle the idea that she might be leading Australia's toughest turnaround task.
China has scrapped quotas on rare earths exports and will probably replace them with a resources tax.
Chanticleer | Until last week there was a deadly smell surrounding rare earths producer Lynas.
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