ASX:LYCMetals and Mining
Lynas Rare Earths (ASX:LYC) Valuation Spotlight After U.S. Supply Chain Deal With Noveon Magnetics
Lynas Rare Earths (ASX:LYC) just announced a Memorandum of Understanding with Noveon Magnetics to build a fully traceable, domestic U.S. supply chain for rare earth permanent magnets. This move comes as supply chain issues push demand higher, particularly in defense and infrastructure.
See our latest analysis for Lynas Rare Earths.
Lynas Rare Earths’ momentum has been remarkable lately. The 30-day share price return sits at 31.7%, and the year-to-date gain is a staggering 194.6%. While...