Lynas Rare Earths Stock Just Gave Back Monday’s Pop. The China-Supply Trade Isn’t Over
Lynas Rare Earths fell on Tuesday, giving back most of the previous session’s jump, as investors re-priced a stock that has become one of the ASX’s cleanest bets on rare-earth supply outside China. The shares closed at A$18.12, down 4.28%, after trading between A$17.89 and A$18.42. They had risen 5.46% on Monday after rare-earth supply politics returned to the foreground. Trading data showed volume of about 4.32 million shares on Tuesday, close to Monday’s 4.37 million.