News
11 April 2019

Lynas board turns down $1.1bn Wesfarmers bid

In:
Metals and Mining
Region:
Asia-Pacific

Australian rare earths miner Lynas Corp said its board has rejected a A$1.5 billion ($1.1 billion) takeover proposal from Australian retail and industrial conglomerate Wesfarmers. Lynas, one of the world’s main suppliers of rare earths outside China, said the offer undervalued the...

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