Dahlman Rose Comments On Lynas Facility
Benzinga 15 years ago
Analyst ColorAnalyst Ratings
Dahlman Rose provided color on the Lynas Facility in a research report published today.
In the report, Dahlman Rose states, "Responding to concerns about potentially negative environmental impact, the Malaysian government has, at least temporarily, denied a license to operate the Lynas Advanced Materials Plant. The move will push back oncoming supply and perpetuate the acute state of undersupply in the market."
Dahlman Rose stated that it believes the above event may benefit rare earth pricing, as well as others in the sector, and stated that its Buy-rated Molycorp (NYSE: MCP), Avalon Rare Metals (AMEX: AVL), and Rare Element Resources (AMEX: REE) are in the "best position to benefit from this development."
