LYC News: UPDATE 4-Australia's Lynas Rare Earths has quit talks with MP Materials - 5th Feb 2024, 8:40am

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Deal had been pitched for Q1- source

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Talks included plans to drop Aussie listing for New York-source

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Lynas says it is focusing on organic growth

(Adds investor comment in paragraphs 8, 9, details on strategic merit in paragraph 11, share price moves in paragraph 14)

MELBOURNE, Feb 5 (Reuters) - Australia's Lynas Rare Earths, said on Monday confidential talks have ended with U.S.-based MP Materials Corp regarding a potential transaction that industry sources said would have been diff...

>>> Read more: UPDATE 4-Australia's Lynas Rare Earths has quit talks with MP Materials
 
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