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Lynas to raise $83m to pay debt

Rare earths producer Lynas Corporation has announced an $83 million capital raising to help replenish its crippled cash balance.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
102ndLynas Corporation123%-9%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Revenue

th-Lynas Corporation$257.0m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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