MELBOURNE: Australian rare earths producer Lynas Corp said it is unlikely to break even this quarter despite achieving positive cashflow in December, blaming weak rare earths prices and plant problems.
The warning sent its shares down as much as 10% in early trade yesterday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
