Lynas Rare Earths Moves as Beijing Delays, ASX Miner Back in Focus
Lynas shares closed at A$17.95 on Friday after a 9.8% drop Thursday. U.S. Trade Representative Jamieson Greer said China’s rare earth exports are improving, but some export licences remain slow. Prediction markets put the odds of quick rare-earth export relief from Trump-Xi talks below 20%. Lynas recently secured a Pentagon-backed supply deal and a firm annual commitment with Japan.