KiniBiz | Rare earths company Lynas Corp said on Monday it was seeking to raise A$ 83 million (RM236.89 million) through a discounted share placement and rights issue to shore up its balance sheet. Lynas seeks to raise RM236 mil in new equitywww.kinibiz.comLynas will offer 150 million new shares to …
Read More »Rare earths industry teeters as Lynas heads to full ramp-up Four years after Be…
Rare earths industry teeters as Lynas heads to full ramp-up Four years after Beijing’s efforts to control the global supply of rare earths sent prices soaring, the much-hyped industry is teetering as companies seeking to break China’s grip struggle with production problems and slumping prices. Austr …
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