CAPITAL MARKETS

Lynas cruising on hybrid car projections

AUSTRALIAN-based rare earths explorer Lynas Corp says nickel producers are not the only ones who stand to significantly benefit from the projected increase in demand for hybrid cars using nickel metal hydride batteries.

Jesse Riseborough

Lynas cruising on hybrid car projections

Dr Matthew James, Lynas general manager of corporate and business development, said the batteries used in hybrid cars are comprised of 26% rare earths metals. “The projections that Lynas has done are...

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