Macquarie downgraded Lynas to "Underperform" as a $9.30 share price implies rare earth prices above US$95/kg, well above current market rates of US$63/kg.The company's new heavy rare earth production milestone will contribute only US$90 million at full capacity, representing just 8% of projected 2026 revenue with limited near-term financial impact.Lynas cannot capture premium pricing as 70% of its production (7.2ktpa) is locked into a supply agreement with Sojitz at prevailing market prices, eliminating arbitrage opportunities.US-China trade progress could quickly unwind market sentiment as recent intelligence shows heavy rare earth shipments already leaving Chinese ports, potentially easing supply constraints.
https://www.marketindex.com.au/news/lynas-downgraded-on-valuation-concerns-us-china-trade-talks-could-cool-rally
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Last
$9.21 |
Change
0.140(1.54%) |
Mkt cap ! $8.606B | |||
| Open | High | Low | Value | Volume |
| $9.06 | $9.31 | $8.96 | $12.43M | 1.350M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 35 | 6799 | $9.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.22 | 3615 | 25 |
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| Last trade - 14.24pm 26/06/2025 (20 minute delay) ? |
| LYC (ASX) Chart |