US Rare Earth Push Tests Lynas Position As CEO Retirement Looms
The US government has committed significant funding to build a fully domestic rare earths supply chain through new projects in Texas and Oklahoma. This move introduces a new US based competitor that could affect Lynas Rare Earths' access to the US market. Lynas Rare Earths (ASX:LYC) has also announced the planned retirement of long serving CEO Amanda Lacaze. For investors watching Lynas Rare Earths (ASX:LYC), these developments come after a strong share price run, with the stock up 27.7%...
The US government has committed significant funding to build a fully domestic rare earths supply chain through new projects in Texas and Oklahoma. This move introduces a new US based competitor that could affect Lynas Rare Earths' access to the US market. Lynas Rare Earths (ASX:LYC) has also announced the planned retirement of long serving CEO Amanda Lacaze. For investors watching Lynas Rare Earths (ASX:LYC), these developments come after a strong share price run, with the stock up 27.7%...