Why is the Lynas share price ripping 7% higher on Tuesday?

News Snapshot:

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More The Lynas Rare Earths Ltd (ASX: LYC) share price is having a strong session. In morning trade, the rare earths producer’s shares are up 7% to $7.39. Why is the Lynas share price charging higher? Investors have been buying Lynas shares on Tuesday after some big news out of China overnight. According to Bloomberg, China is banning the export...