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    Lynas to Set Minimum Price Schedule

    Investing News Network
    Jun. 12, 2013 04:43AM PST
    Rare Earth Investing

    The Australian reported that Lynas intends to introduce a minimum price schedule for its rare earths products, which will take effect July 1.

    The Australian  reported that Lynas intends to introduce a  minimum price schedule for its rare earths products, which will take effect July 1.

    As quoted in the Australian report:

    It will try to convince its mostly Chinese customers that they should pay higher than market prices, because they would benefit from striking long-term contracts that guaranteed supply.

    To view the whole Australian report, click here.

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