Optimist Lacaze flags improved rare earths market outlook

  • 📰 MiningOnline
  • ⏱ Reading Time:
  • 22 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Miners News

Rare Earths

Depressed prices may have bottomed out

Ever-optimistic Amanda Lacaze sees better days ahead for the rare earths miner she leads, with recent firming pricing seen in the depressed sector and Lynas' "intelligence" on the ground in China relaying increasing demand and declining inventories.Lacaze said the "moderated" quotas announced in China last month would see "improved market dynamics".

During the briefing, Lacaze/Lynas was urged by Goldman Sachs analyst Paul Young to better report the rare earth miner's cost performance, which he claimed was far better than credited by "the street".Lacaze acknowledged the suggestion and said it would be looked at.Other points of interest in the briefing were Lynas' plans in the US being held up by the environment process in relation to a wastewater issue.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 117. in US

United States United States Latest News, United States United States Headlines