LYC 0.26% $7.77 lynas rare earths limited

Ann: FY22 Financial Results Presentation, page-60

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    From the Bull.com.au this morning:

    SELL RECOMMENDATIONS

    Lynas Rare Earths (LYC)


    The share price of this rare earths producer has benefited from rising prices. Lynas produced 15,263 tonnes of rare earth oxide in fiscal year 2022, down 7 per cent on 2021. Cash costs jumped by 35 per cent to $341 million. Pressure on margins is increasing, as rare earth prices ease and inflationary forces persist.

 
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