Reported 2 days ago
Shares of Australia's Lynas Rare Earths surged to their highest level in over two years as global automakers expressed fears that China's export restrictions on rare-earth materials could disrupt production. With China controlling 90% of the rare-earth supply, Lynas stands to gain in this tense geopolitical climate as companies seek alternative sources to secure critical minerals for technology and defense applications.
Source: YAHOO