News: LYC Australia's Rinehart takes stake in Lynas Rare Earths, page-11

But LTR apart from a small interest in vanadium, is a lithium explorer. See below.
"Liontown Resources (LTR) operates as a Battery Minerals producer, targeting the Electric Vehicle and Energy Storage industries in Western Australia. Listed as ASX: LTR, the company holds an ASX100 status and concentrates on lithium exploration, aiming for global significance in battery minerals supply. Liontown controls two major lithium deposits: Kathleen Valley Lithium Project and Buldania Lithium Project. The company also explores the Toolebuc Vanadium Project in Queensland through a farm-in agreement with Olympio Resources Limited".

LYC business is rare earths mining and processing:
"Lynas Rare Earths Limited (LYC , formerly Lynas Corporation Limited ) is an integrated source of rare earths from mine to customer. Lynas has a portfolio of aligned assets to explore, develop, mine and process rare earth minerals. These assets are Mt Weld and Lynas Advanced Materials Plant (LAMP). LYC's main asset is Mt Weld rare earths deposit in Western Australia".

Rare earth prices are going up. Lithium prices are still going down. At least Lynas is getting a bit of a reprieve.