In the latest Molycorp news, a number of bidders have reportedly emerged for the company’s assets. The news sparked a share price rise earlier this week.
Mining Weekly reported that Lynas Corporation (ASX:LYC) has said it is looking to bring on more long-term offtake agreements in light of customers looking for price predictability.
Highlights include a look at Tesla’s lithium strategy from Joe Lowry, Goldman Sachs’ view of the gold price and the potential impacts of Argentina’s election for the mining sector.
Lynas Corporation Ltd. (ASX:LYC) released its results for the first quarter of its 2016 fiscal year, which ended on September 30, 2015. The company highlights in its release that it generated AU$1.3 million in free cash flow in the face of tough market conditions.