Lynas (LYC) is held by 29 ASX ETFs. Over the last 3 months it fell 28.9%: on $10,000, −$2892. We explain 5 big moves in that time.
About LYC
- SectorMaterials
- IndustryMaterials
- Size$12.7b
- Held by29 ETFs
- Big moves5 in 3M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- −5.7%1 Oct 2026· Takeover / M&A
Lynas Rare Earths fell sharply after announcing a scheme of arrangement to acquire Meteoric Resources, with the deal requiring a new share issuance that dilutes existing shareholders.
- +5.0%18 Sep 2026· Sector Flow
Lynas Rare Earths rose on broad market tailwinds, with a strong S&P 500 rally and a firm ASX materials sector providing the most identifiable lift.
- +6.6%4 Aug 2026· Contract
Lynas Rare Earths shares jumped nearly 7% on Aug 5, likely driven by strategic funding partnership news and broader critical minerals sector focus.
- −4.8%29 Jul 2026· Macro
A sharp sell-off in Japanese equities (Nikkei 225 down ~4%) the prior day likely dragged Lynas Rare Earths lower, given its significant operational and revenue exposure to Japan as a key rare earths processing and customer market.
- −6.5%22 Jul 2026· Operational
Lynas Rare Earths fell sharply after its quarterly activities report disappointed investors, likely revealing weaker-than-expected production or cost metrics despite reporting $288.9M in revenue for the June quarter.
Held by 29 ETFs
Of every $10,000 in each fund, how much is in LYC today.
- RESMVANECK RARE EARTH AND STRATEGIC METALS X CHINA ETF$1,03010.30%
- XMETBetaShares Energy Transition Metals ETF$4684.68%
- MVRVanEck Australian Resources ETF$2782.78%
- GMTLGlobal X Green Metal Miners ETF$2242.24%
- MTUMBetaShares Australian Momentum ETF$2052.05%
- OZRSTATE STREET SPDR S&P/ASX 200 RESOURCES ETF$1601.60%
- QREBetaShares Australian Resources Sector ETF$1561.56%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$1281.28%
- VETHVanguard Ethically Conscious Australian Shares ETF$1201.20%
- GMVWVanEck Geared Australian Equal Weight Complex ETF$1201.20%
Why did LYC fall 5.7% on 1 Oct 2026?
Lynas
Lynas Rare Earths fell sharply after announcing a scheme of arrangement to acquire Meteoric Resources, with the deal requiring a new share issuance that dilutes existing shareholders.
Two high-weight, market-sensitive announcements released simultaneously at 22:39 UTC on 30 September confirm Lynas is acquiring Meteoric Resources via a Scheme of Arrangement, accompanied by an Appendix 3B for a proposed securities issue — a classic scrip-funded acquisition structure. The market reaction (down 5.71% at 3x ATR on 1.56x volume) is consistent with acquirer discount/dilution selling, a well-documented pattern for stock-funded M&A deals. Sector and macro signals (ASX200 -1.22%, materials sector -0.98%) account for only a fraction of the move and are disproportionately small to explain the stock-specific magnitude, leaving the acquisition announcement as the clear primary driver.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
ASX announcements
Sector / macro signals
What it did to the 29 ETFs holding LYC
On $10,000 in each fund, at the weight it holds today
- RESM10.30% of the fund−$59
- XMET4.68% of the fund−$27
- MVR2.78% of the fund−$16
- GMTL2.24% of the fund−$13
- MTUM2.05% of the fund−$12
- OZR1.60% of the fund−$9
- QRE1.56% of the fund−$9
- EX201.28% of the fund−$7
- VETH1.20% of the fund−$7
- GMVW1.20% of the fund−$7
The 10 that hold it most. All 29 are listed on the page under Held by.