REMX is trading at $80.00 (+3.33%) as investors respond to Lynas Rare Earths' plans to expand global supply and pursue additional Western supply-chain agreements.
- Lynas reported a 59% increase in average selling prices, supported by stronger neodymium-praseodymium and heavy rare-earth pricing.
- Geopolitical tensions are lifting oil and pressuring equities, while the broader market is modestly weaker; the move appears primarily sector-specific.