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The latest update is out from Lynas Rare Earths ( (AU:LYC) ).
Lynas Rare Earths Ltd has announced its new ‘Towards 2030’ strategy, following the completion of its Lynas 2025 growth plan. This strategy aims to optimize performance from previous investments and expand its business by increasing resource and scale, enhancing downstream capacity, and integrating further into the non-Chinese metal and magnet supply chain. The company also introduced a new non-executive director, Kathleen Bozanic, and detailed plans for its upcoming Annual General Meeting, which will be accessible both in-person and online.
The most recent analyst rating on (AU:LYC) stock is a Hold with a A$18.50 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
More about Lynas Rare Earths
Lynas Rare Earths Ltd operates in the rare earths industry, focusing on the production and supply of rare earth materials outside of China. The company is known for its investments in expanding its resource base and increasing its downstream capacity to enhance its position in the global metal and magnet supply chain.
YTD Price Performance: 199.22%
Average Trading Volume: 6,735,432
Technical Sentiment Signal: Buy
Current Market Cap: A$19.37B
Find detailed analytics on LYC stock on TipRanks’ Stock Analysis page.