Australia's Lynas rejects $1.1b takeover offer from Wesfarmers

Australia's Lynas rejects $1.1b takeover offer from Wesfarmers

Photo: Reuters

Australia’s Lynas Corp Ltd on Wednesday said it would not engage with conglomerate Wesfarmers on its “highly conditional” $1.1 billion takeover approach for the only proven producer of rare earth elements outside China.

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