Lynas Corporation Limited
(ASX:LYC) has been the best performing stock on the ASX200 today, up more than nine per cent in late morning trade.
Although it’s not officially released any information, some analysts say the price action may suggests Malaysia may be about to grant its facility a temporary licence.
Lynas closed 8.49 per cent higher, at $1.15 yesterday.
Lynas Corporation booked a net loss of $59 million in fiscal 2011.