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(Reuters) - Australia's Lynas Rare Earths on Thursday reported a 34.7% jump in first-quarter revenue, helped by a surge in demand for specialised metals used in electric vehicle components.
Global demand for minerals used to power electric-vehicle motors has continued to surge amid a global push to reduce carbon emissions from fossil-fuel powered vehicles, benefiting miners such as Lynas.
Rare earths minerals are also used in a wide variety of goods such as iPhones and military equipment.
The...
>>> Read more: Australia's Lynas Q1 revenue jumps on strong rare earths demand
Global demand for minerals used to power electric-vehicle motors has continued to surge amid a global push to reduce carbon emissions from fossil-fuel powered vehicles, benefiting miners such as Lynas.
Rare earths minerals are also used in a wide variety of goods such as iPhones and military equipment.
The...
>>> Read more: Australia's Lynas Q1 revenue jumps on strong rare earths demand
