Lynas, the world’s biggest rare earths producer and processor outside of China, reported record quarterly revenue today (July 26), boosted by robust global demand for the critical minerals used in permanent magnets powering wind turbines and electric vehicles.The news sent shares of the Australia-listed company surging over 10% to AU$7.10 (US$5.21), a more than eight year high.https://datawrapper.dwcdn.net/EfycH/1/Read the rest of this story on qz.com. Become a member to get unlimited access to Quartz’s journalism.
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