0230 GMT - Rapidly improved rare-earths market conditions have allowed Lynas to tap equity markets to support growth plans to 2030, Jefferies analyst Mitch Ryan says in a note. "Securing strategic new offtakes or downstream partnerships would support [its] current valuation," says Ryan, who adds that Lynas is well-positioned to achieve that. He says Lynas's FY 2025 profit results are stronger than expectations. Jefferies is positive on its medium- to long-term outlook, with Lynas strategically placed to take advantage of strength in the rare-earths market, Ryan says. Jefferies has a buy rating and a A$12.50 target on Lynas. Shares are halted and last traded at A$14.73. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
August 27, 2025 22:30 ET (02:30 GMT)
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