William Blair Starts Lynas Rare Earths Ltd. (LYSDY) at Outperform

William Blair analyst Neal Dingmann initiates coverage on Lynas Rare Earths Ltd. (OTC: LYSDY) with a Outperform rating.

The analyst comments "Thesis. Lynas is the leading producer of separated rare earths outside China, supported by its fully integrated Australian mining and processing operations and major downstream plant in Malaysia. With construction now behind it and full operations underway, Lynas is beginning to benefit from a steady production ramp-up and securing new offtake agreements, providing meaningful growth in earnings and cash flow as its long-term investments pay off. Hot Take: We believe Lynas will sign its largest ex-China offtake agreement."

For an analyst ratings summary and ratings history on Lynas Rare Earths Ltd. click here. For more ratings news on Lynas Rare Earths Ltd. click here.

Shares of Lynas Rare Earths Ltd. closed at $10.16 yesterday.

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