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Lynas surges on potential US magnet deal

Miner’s market cap surpasses $20 billion

Joshua Smith
Lynas head Amanda Lacaze

Lynas head Amanda Lacaze | Credits: Lynas Rare Earths

Shares in Australia-based Lynas Rare Earths cracked the A$20 mark on Thursday after it announced an early-stage deal with US-based manufacturer Noveon Magnetics to supply rare earth permanent magnets to...

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