LSR: Dysprosium, terbium and lutetium in xenotime... huh? The market liked it.
ASX:LSR
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14 min
Why did our exploration Investment Lodestar Minerals (ASX: LSR)’s share price go up 46% yesterday on large volumes of shares traded? Because LSR announced that its heavy rare earths project in Arizona, USA, contains high value, hard to find heavy rare earths dysprosium, terbium and lutetium. AND mineralogy testing showed it is hosted in “Xenotime” - a well known host rock that the west knows how to process (and turn into important inputs for advanced technologies). ...and the market liked it.