Lynas Rare Earths Limited (LYC) – Sector safe play
July 5, 2024
Lynas Rare Earths is an integrated source of rare earths from mine to customer. Lynas has a portfolio of aligned assets to explore, develop, mine and process rare earth minerals. These are the Mt Weld project and the Lynas Advanced Materials Plant (LAMP). The main asset of Lynas is the Mt Weld rare earths deposit in Western Australia. REO prices are depressed, which makes it the right time to buy in cheaply. Most REO companies are still explorers and would-be developers. There is only one significant producer in Australia and the world ex-China – Lynas, at its LAMP in Malaysia.
Lynas is the blue-chip stock of rare earths companies. It defied years of low prices by getting costs even lower and raising product quality. Now it is the non-Chinese producer of critical REOs for the energy transition. The Lynas multiples are punchy but deserved. It is the safe way to play the sector.
Insights that count
Discover the best opportunities to outperform the market. Our research team dig deep into the market, company and stock data to bring you insights others might overlook.
Origin Energy (ORG) - Tax and depreciation trade-offs
Origin Energy is an energy utility that provides gas, electrical and renewable power generation at both wholesale and retail levels.
PointsBet Holdings (PBH) - Winning streak
PointsBet Holdings provides sports, racing, and iGaming betting products and gaming support services through its cloud-based technology platform.
Macquarie Group Ltd (MQG) - Donut rolls on
Macquarie Group is a global investment bank and asset manager operating through four segments: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CGM), and Macquarie Capital.
