Professional
Added to YB: 2024-10-23
Pitch date: 2024-09-30
LYC.AX [bullish]
Lynas Rare Earths Limited
+58.09%
current return
Author Info
No bio for this author
Company Info
Lynas Rare Earths Limited, together with its subsidiaries, engages in the exploration, development, mining, extraction, and processing of rare earth minerals in Australia and Malaysia.
Market Cap
AUD 7.3B
Pitch Price
AUD 7.97
Price Target
N/A
Dividend
N/A
EV/EBITDA
90.44
P/E
86.24
EV/Sales
14.94
Sector
Metals and Mining
Category
growth
Baron International Growth Fund Portfolio Holding: Lynas Rare Earths Limited
LYC.AX: Key non-China rare earths miner with vertically integrated ops. Low-cost NdPr producer for EV/wind magnets. Bullish on NdPr prices due to EV/wind demand. Growth from Aus NdPr expansion & new DoD Texas facility. Competitive edge in processing tech. Global security play reducing China dependence.
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