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United States

Lynas Corp Ltd (LYC.AX)

LYC.AX on Australia Stock Exchange

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24 Mar 2017
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Tue, Oct 25 2016

Lenders rescue rare earths producer Lynas from collapse

MELBOURNE, Oct 26 Japanese lenders and a hedge fund have struck a deal to save Australia's Lynas Corp, the only rare earths producer outside China, from collapse, cutting its interest costs and giving it nearly four years breathing room to pay off its debt.

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