Australia challenges China in mining for essential elements
It is an industry that has been dominated by China for years, but now the rest of the world wants in.
Source: bbc.co.uk
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Lynas wins capital relief, $13m from Japanese partners
Lynas strikes new deal with Japanese backers, offering relief on capital management and an injection of more than $13 million.
Source: afr.com
Nine Entertainment posts record profits, Pendal accepts Perpetual takeover bid and Origin Energy announces climate transition plan
Media company Nine Entertainment (ASX: NEC) has experienced a 35% rise in full-year net profits to $315 million, allowing the company to announce a record dividend payment and proposed $341 million buyback.
Source: smallcaps.com.au
Chinese Media Tries Downplaying Turkey's Discovery of Second Largest Rare Earth Reserve
Turkey has disclosed that it has found a huge rare earth reserve of an estimated 694 million tons ...
Source: theepochtimes.com
Lynas Rare Earths Limited (OTCMKTS:LYSCF) Sees Large Decrease in Short Interest
Lynas Rare Earths Limited (OTCMKTS:LYSCF – Get Rating) was the target of a large decline in short interest in May. As of May 31st, there was short interest totalling 434,500 shares, a decline of 22.9% from the May 15th total of 563,900 shares. Based on an average trading volume of 102,900 shares, the days-to-cover ratio […]
Source: etfdailynews.com