Lynas widens first-half loss

Miner mulling additional funding to boost liquidity, shares hit five-year low.

Lynas Corporation (LYC) has widened its first-half loss as the rare earths miner's management mulls the need for and structure of additional funding in the year ahead to boost its liquidity.

Investors responded poorly to the news. At 10.55am (AEDT) Lynas shares were 11.02% lower at 26.25c, against a completely flat benchmark index.

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