Lynas Shares Soar as Rare Earths Continue to Shine

The Australian reported that Lynas Corp. (ASX:LYC) is enjoying higher share values on rising rare earths prices.

The market news is quoted as saying:

Lynas this month said the basket price of rare earths from its Mount Weld mine in Western Australia, one of the largest and highest grade resources, was $US162.66 a kilogram, compared with an average of $US10.32 in 2009.

To read the full market news, click here.