bullish

Will depressed prices force a Lynas raising?

1.2k Views28 Feb 2025 00:56
Podcast
SUMMARY
  • Lynas, a six and a half billion dollar mining company, faced challenges in their half yearly results with higher unit costs and a significant decrease in cash position.
  • The company's cash reserves have diminished by over $200 million, raising concerns about the sustainability of their operations in the current rare earths price environment.
  • Expansion projects in Mount Weld and Kalgoorlie are ongoing, with potential impacts on future financial performance and the need for additional financing options.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

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