March 7 (Reuters) - Lynas Rare Earths Ltd (LYC) :
- JARE EXTENDS SUPPORT FOR LYNAS GROWTH PLAN
- SIGNING OF NEW AGREEMENTS WITH JAPAN AUSTRALIA RARE EARTHS B.V.
- SIGNING OF NEW AGREEMENTS WITH JAPAN AUSTRALIA RARE EARTHS B.V.
- JARE'S CONTRIBUTION WILL BE MADE THROUGH A SUBSCRIPTION FOR ORDINARY SHARES IN LYNAS
- UNDER NEW AGREEMENTS, JARE WILL PROVIDE A CONTRIBUTION OF A$200 MILLION AND FOREGO HISTORIC US$11.5 MILLION INTEREST DUE UNDER LOAN FACILITY
- JARE'S CONTRIBUTION MAY INCLUDE CURRENT AND PLANNED PROJECTS DESIGNED TO INCREASE PRODUCTION OF LIGHT RARE EARTH & HEAVY RARE EARTH MATERIALS
- AS PART OF NEW DEALS, CO WILL UPDATE EXISTING PRIORITY SUPPLY RIGHTS IN LOAN FACILITY TO REFLECT CONTINUED GROWTH IN JAPANESE RARE EARTHS MARKET
- "NEW AGREEMENTS BETTER REFLECT DEMAND FORECASTS FROM JAPANESE RARE EARTHS MARKET"
News: LYC Lynas Announces Signing Of New Agreements With Japan Australia Rare Earths B.V.
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$10.74 |
Change
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Mkt cap ! $10.04B | |||
| Open | High | Low | Value | Volume |
| $10.76 | $10.88 | $10.71 | $32.09M | 2.974M |
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|---|---|---|
| 3 | 10604 | $10.72 |
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|---|---|---|
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