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Lynas Rises to Two-Week High as Japan Demand Concern Eases
Mar. 22, 2011 10:37PM PST
Rare Earth InvestingBloomberg reported that Lynas Corp.’s (PINK:LYSDY) stock rose due to easing concern about lower rare earths demand from Japan.
Bloomberg reported that Lynas Corp.’s (PINK:LYSDY) stock rose due to easing concern about lower rare earths demand from Japan.
The market news is quoted as saying:
Japan is the world’s largest importer of rare earths, used by manufacturers including Toyota Motor Corp., the world’s largest seller of hybrid autos, and Hitachi Metals Ltd.