ASX:LYCMetals and Mining
A Look At Lynas Rare Earths (ASX:LYC) Valuation After New Samarium Oxide Milestone And US Defense Deal
Lynas Rare Earths (ASX:LYC) has produced samarium oxide ahead of schedule at its Malaysia plant and signed a four year, A$96 million supply deal with the U.S. defense sector, sharpening investor focus on its rare earths exposure.
See our latest analysis for Lynas Rare Earths.
The latest supply deal and early samarium oxide output come after a strong run in the shares, with a 60.3% 90 day share price return and a 164.41% 1 year total shareholder return indicating that momentum has been...