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By Rishav Chatterjee and Melanie Burton
MELBOURNE (Reuters) - Australia's Lynas Rare Earths said on Monday its second-quarter revenue fell sharply, missing analysts' estimates, as prices plunged during a slowdown in construction activity in China, sending its shares to 30-month lows.
Rare earth prices during the quarter extended declines as demand in China, especially in the country's appliance sector, fell with the construction downturn, said Lynas, the world's largest producer of rare-earths...
>>> Read more: Rare-earths miner Lynas' Q2 revenue halves on falling prices, lower China demand
MELBOURNE (Reuters) - Australia's Lynas Rare Earths said on Monday its second-quarter revenue fell sharply, missing analysts' estimates, as prices plunged during a slowdown in construction activity in China, sending its shares to 30-month lows.
Rare earth prices during the quarter extended declines as demand in China, especially in the country's appliance sector, fell with the construction downturn, said Lynas, the world's largest producer of rare-earths...
>>> Read more: Rare-earths miner Lynas' Q2 revenue halves on falling prices, lower China demand
