Lynas Rare Earths Faces a Monday Test After 7.7% Slide as China Curbs Keep Sector in Play
Lynas Rare Earths closed at A$17.95 on Friday, flat for the day but down 7.7% for the week after a sharp Thursday drop. The S&P/ASX 200 fell 1.3% over the week. China’s export controls continue to restrict heavy rare-earth shipments, keeping supply risk high. Lynas reported March-quarter sales revenue of A$265 million and 1,996 tonnes of NdPr production.