No 1 source of global mining news and opinion
Australian miner Lynas posted a slump in third-quarter sales revenue on Wednesday on the back of a plunge in prices for rare earths but signaled a slight recovery in April.
“Market prices have started to increase in April,” the world’s largest producer of rare earths outside of China said. Lynas raised the budget for its Kalgoorlie facility to A$800 million from A$730 million it projected in October.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australian billionaire Gina Rinehart buys stake in rare earths producer LynasNo 1 source of global mining news and opinion
Read more »
Australian miner stocks trail global peers as iron ore dragsNo 1 source of global mining news and opinion
Read more »
Chinese nickel billionaire boosts Australian miner in IndonesiaNo 1 source of global mining news and opinion
Read more »
Australian Dollar loses ground amid mixed Aussie data, firmer US DollarThe Australian Dollar (AUD) snaps its three-day winning streak following the release of unchanged Final Retail Sales and downbeat Trade Balance data from Australia on Friday.
Read more »
Australian Asset Manager Monochrome to Launch Spot Bitcoin ETF on Cboe AustraliaMonochrome, an Australian asset manager, plans to launch its flagship spot Bitcoin exchange-traded fund (ETF) on the global listing exchange Cboe Australia. This will be the first ETF in Australia to hold physical Bitcoin.
Read more »
UN chief appoints former Australian foreign minister Julie Bishop as UN special envoy for MyanmarU.N. Secretary-General Antonio Guterres has appointed former Australian Foreign Minister Julie Bishop as his special envoy for Myanmar. The post has been vacant for 10 months as the country’s conflict escalated into the worst violence since the military takeover in 2021. Bishop will replace Noeleen Heyzer, a former U.N.
Read more »