Jun. 24 at 5:15 AM
$LYSCF The broker assigned a bullish rating, alongside a A
$22.00 price target, betting that Beijing’s latest export restrictions will delay Western competitors and cement the Australian miner’s position as the critical non-Chinese rare earths supplier.
Macquarie’s thesis centres on the view that these export controls will materially delay and complicate Western rival projects attempting to build rare earths value chains outside China.
Companies like MP Materials and USA Rare Earth rely heavily on Chinese equipment, reagents, and technical know-how for their processing operations.
https://thebull.com.au/news/are-lynas-rare-earths-shares-still-a-buy/