Lynas shareholders facing wipe-out on poor outlook

By Brian Robins
Updated January 29 2015 - 1:08am, first published January 28 2015 - 12:38pm
Lynas has begun ramping up production at its phase two processing unit, which is a drag on costs.
Lynas has begun ramping up production at its phase two processing unit, which is a drag on costs.

Shareholders in troubled rare earths producer Lynas Corp might be wiped out unless it boosts its weak cashflow before a heavy round of loan repayments in the year ahead, UBS has warned.

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