Falling rare earth prices hit producers as Lynas stockpiles

Rare earth elements and minerals loaded on cargo ship in China
Rare earth elements and minerals loaded on cargo ship in China

Falling rare earth prices are putting pressure on mining operations outside of China, as Australia’s Lynas Rare Earths said it would stockpile some material this year. Lynas said sales for the quarter ending in June fell 47% year-on-year to A$157.5 million ($103 million) as weak demand combined with oversupply from China continue to lower rare […]

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