SYDNEY -- Australian mineral company Lynas remains "very positive" about the market for rare earths despite posting a 74% drop in half-year net profit that it blamed largely on weak prices in China.
Commodities
Australia's Lynas 'positive' on rare earths despite 74% profit drop
Only producer with supply chains outside China says demand will recover
The truck in the distance is carrying rare earths toward a processing plant northeast of Perth, Western Australia. Lynas' chief executive says 2024 will be a transitional year. © Reuters
Read Next
Latest on Commodities
