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Lynas share purchase plan opens

5th September 2025

By: Creamer Media Reporter

     

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ASX-listed Lynas Rare Earths’ previously announced share purchase plan (SPP) opened on Friday, providing shareholders in Australia and New Zealand with an opportunity to subscribe for up to A$30 000 of shares without incurring brokerage or other transaction costs.

Lynas said it would cap the amount raised under the SPP at A$75-million.

The SPP would close at 17:00 on September 19.

The SPP supplements the $750-million institutional placement completed by Lynas on August 29. The funds raised under the placement and SPP will be used to help accelerate Lynas’ growth via its Towards 2030 strategy.

Edited by Creamer Media Reporter

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