0255 GMT - Australian lithium and rare-earth miners are likely to broadly miss 3Q consensus output estimates, according to Macquarie analysts. The analysts forecast a weak quarter for Lynas, predicting that rare-earth oxide production and sales in the three months ended March will miss market expectations by 4% and 8%, respectively. Among lithium producers, they tip shipments from Pilbara Minerals and Mineral Resources to fall short of consensus by 4% and 11%, respectively. IGO is expected to post a slight beat, 2% above consensus. Pilbara Minerals remains their preferred Australian lithium stock, "given its strong balance sheet, potential to liberate cash flow via a productivity drive, and downshift in its growth ambitions." The companies are expected to report their quarterly operational results this month. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
April 13, 2025 22:55 ET (02:55 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。