Reuters reported with exclusive detail on how the U.S.-China trade war has proved lucrative for Lynas Corp, the owner of the Mount Weld mine in Western Australia. The mine boasts one of the world’s richest deposits of rare earths, crucial components of everything from iPhones to weapons systems. But the foundations for the recent boom in Lynas stock were established almost a decade ago, when another country – Japan – experienced its own rare-earths shock.
Reuters shines a light on how two trade disputes have benefited Australian rare earths firm
17 December 2019, 12:00 am 1 minute
Type: Reuters Best
Sectors: Commodities & Energy