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Lynas Corp Ltd (LYC.AX)

LYC.AX on Australia Stock Exchange

24 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Lynas Corp says continued low market pricing capped returns
Tuesday, 29 Nov 2016 05:20pm EST 

Lynas Corp Ltd :Continued low market pricing has capped returns.  Full Article

Lynas Corp says sustained low rare earths prices affected financial performance
Tuesday, 29 Nov 2016 05:19pm EST 

Lynas Corp Ltd : Sustained low rare earths prices directly affected financial performance and subsequent ability to service debt commitments . During past twelve months, major governance issue facing Lynas was its ability to continue as a going concern . Due to low rare earth prices, & despite significant improvement in operational performance, we are break even on operating cash flow basis . Uncertainty as to Lynas' ability to service future principal and interest repayments, including substantial liabilities due in Dec 2016 .Debt needed to be restructured.  Full Article

Lynas Corp updates on renewal of Full Operating Stage Licence for 3 years
Thursday, 1 Sep 2016 06:26pm EDT 

Lynas Corp Ltd : Says confirm that the malaysian aelb has renewed full operating stage licence for lamp for three years .  Full Article

Lynas Corp says Malaysian Court challenge dismissed
Saturday, 10 Oct 2015 06:54pm EDT 

Lynas Corp:Says High court of malaya in kuantan dismissed with costs a challenge by persons associated with the save Malaysia stop Lynas Group.  Full Article

Lynas Corporation Limited announces issue of shares
Wednesday, 27 May 2015 03:00am EDT 

Lynas Corporation Limited:Issues 229,309 ordinary shares.  Full Article

More From Around the Web

Lenders rescue rare earths producer Lynas from collapse

MELBOURNE, Oct 26 Japanese lenders and a hedge fund have struck a deal to save Australia's Lynas Corp, the only rare earths producer outside China, from collapse, cutting its interest costs and giving it nearly four years breathing room to pay off its debt.