Lynas Rare Earths extends gains on Australia's strategic reserve plan

Lynas Rare Earths

14/01/2026 01:12

** Lynas Rare Earths LYC.AX rises 3% to A$15.505; set for third consecutive session of gains

** On Monday, Australia said it would prioritise antimony, gallium, rare earth elements in its A$1.2 bln ($801.6 mln) critical minerals strategic reserve

** Stock of world's largest rare earths producer outside China has risen 10% since then

** LYC soared 93.5% in 2025; gains 24.9% YTD

($1 = A$1.4970)

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))