ASX:GXY

Lynas Shares Rising on Licence Extension Headlines

Earlier this morning, Lynas issued a pause in trading pending an announcement. This announcement ended up being a comment from the company on the ‘recent media coverage’ of the Malaysia agreement, urging shareholders to ‘not rely on media speculation’. We look at the sector as a whole.

Galaxy Resources Share Price Dips despite Settlement

After receiving the final settlement for its sale of assets to POSCO, shares of Galaxy Resources have been down. Earlier this morning shares dropped as low as $2.13, six cents down from yesterday’s close. At time of writing, Galaxy Resources share price has just reached that previous closing price of $2.19.
Money Morning Australia