Macquarie has downgraded Lynas Corporation (ASX:LYC) to neutral from outperform due to weak demand
Livewire News
Livewire
Macquarie has downgraded Lynas Corporation (ASX:LYC) to neutral from outperform due to weak demand. Rare earth prices have declined by approximately 50% since the end of April with the spot price for a typical light rare earth basket reported to be US$16-20kg.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Livewire News
Livewire
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise
Livewire News
Livewire
Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
Buy Hold Sell: 2 standout ASX names for FY26
Livewire Markets
Equities
The critical mineral no one's watching (and our #1 ASX small cap pick)
Seneca Financial Solutions
Equities
Buy Hold Sell: The best and worst performers of FY25
Livewire Markets
Education
How to avoid the biggest EOFY tax mistakes
Livewire Markets