Australia's Lynas Rare Earths falls on flagging likely rises in certain material prices

Lynas Rare Earths

21/04/2026 02:02

** Shares of Australia's Lynas Rare Earths LYC.AX fall as much as 4.3% to A$19.51, their lowest level since April 2

** Co expects prices to increase for certain materials, impacted by geopolitics and global fuel markets

** Says difficult to predict magnitude and duration of these price increases

** Says closely monitoring its supply chains, including fuel supply and other raw materials

** Posts more than twofold jump in quarterly sales rev

 (Reporting by Sneha Kumar in Bengaluru)

 ((Sneha.kumar@thomsonreuters.com;))