Wrong. They downgraded Lynas. Nothing about rare earth commodities as a whole.
"While we believe Lynas enjoys a valuation premium given it is world’s only significant producer of separated rare earth materials outside of China, its earnings outlook depends on commodity prices outlook."
Just like every other mining company, they stated Lynas is dependant on commodity prices. Didnt say anything negative or dowgrading rare earths, only stated it is volotile. As is EVERY other commodity.
General Chat / Discussion, page-3474
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