Lynas flags uncertainty over Texas rare earths plant, posts profit slump

Lynas flags uncertainty over Texas rare earths plant, posts profit slump

Australia’s Lynas Rare Earths warned of considerable uncertainty over the future of its heavy rare-earths processing plant in Texas. Bloomberg | Bloomberg | Getty Images Australia’s Lynas Rare Earths warned of considerable uncertainty over the future of its heavy rare-earths processing plant in Texas and also reported a steeper-than-expected drop in its annual profit on Thursday. Lynas, the world’s largest rare-earths producer outside China, said it is in negotiations with the U.S….

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Thai monetary policy should remain accommodative, central bank minutes show

Thai monetary policy should remain accommodative, central bank minutes show

Thailand’s monetary policy should remain accommodative to support the economy and an easing would not significantly increase financial stability risks. Bloomberg Creative | Bloomberg Creative Photos | Getty Images Thailand’s monetary policy should remain accommodative to support the economy and an easing would not significantly increase financial stability risks, the minutes of the Bank of Thailand’s August 13 policy meeting showed on Wednesday. At the meeting, the monetary policy committee voted…

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