Lynas Shares Slide as U.S. Policy Shift Rattles Critical Minerals Sector

Lynas AU000000LYC6

Shares of Australian rare earths producer Lynas faced significant selling pressure on Friday, shedding over 4% of their value. The sharp decline was triggered by a pivotal policy reversal from Washington, where the U.S. government has reportedly abandoned plans to guarantee minimum prices for critical minerals projects. This strategic U-turn introduces fresh uncertainty for an industry that has been banking on state support to compete with dominant Chinese supply chains.