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    market news

    Lynas Raises Funds to Cover Increasing Costs

    Investing News Network
    Jan. 26, 2012 02:30PM PST
    Rare Earth Investing

    Australian Mining reported that Lynas Corp. (ASX:LYC) has secured additional money for its Malaysia-based rare earth plant.

    Australian Mining reported that Lynas Corp. (ASX:LYC) has secured additional money for its Malaysia-based rare earth plant.

    As quoted in the market news:

     In a statement to the ASX Lynas said it had struck a deal for US-based investment firm Mount Kellett Capital Management to join as a shareholder in the company.

    Click here to read the full Australian Mining report.

    lynas corpmining reportasx:lycmarket news
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