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Lynas Posts Qtrly Sales Revenue A$202.7 Mln
Lynas Rare Earths Updates On Malaysian PDF For WLP Residue
Lynas Rare Earths Reconfirmation Of JARE'S Long Term Support For Lynas
Lynas Rare Earths Limited is a Malaysia-based company, which is engaged in extraction and processing of rare earth minerals, primarily in Australia and Malaysia, and development of rare earth deposits. The Company’s assets include Mt Weld, Lynas Malaysia, Kalgoorlie and Lynas USA. Mt Weld is a rare earth mine, located approximately 35-kilometer (km) south of Laverton in Western Australia. Lynas Malaysia is an integrated manufacturing facility, separating and processing rare earths materials, located in the Gebeng Industrial Estate near the Port of Kuantan in Malaysia. Kalgoorlie is a rare earth processing facility, which is located in the Western Australia. Its subsidiaries include Lynas Malaysia Sdn Bhd, Lynas Services Pty Ltd, Mount Weld Holdings Pty Ltd, Mount Weld Mining Pty Ltd, and Lynas Kalgoorlie Pty Ltd.
PT17212 Jalan Gebeng 3
Kawasan Perindustrian Gebeng
Kathleen Marie Conlon
Non-Executive Independent Chairman of the Board
Amanda Margaret Lacaze
Chief Executive Officer, Managing Director, Executive Director
Chief Financial Officer
Vice President - Strategy and Investor Relations
Mimi Afzan Afza
Vice President - People and Culture
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Australia's Lynas Rare Earths Ltd posted record second-quarter revenue on Wednesday, as demand for metals used in electric vehicles (EVs) grew amid a global push for reducing carbon emissions.
Australia's Lynas Rare Earths Ltd posted record second-quarter revenue on Wednesday, as demand for metals used in electric vehicles (EVs) continued to grow amid a global push for reducing carbon emissions.
Lynas Rare Earths Ltd said on Thursday it has got environmental approvals from Malaysian authorities to build a permanent disposal facility for water leached purification residue in the country.
Australian shares hit a fresh high on Monday as mining stocks jumped more than 1%, while rare earth producer Lynas hit its highest level since January 2013 after reporting record quarterly revenue.
Australia's Lynas Rare Earths Ltd posted record quarterly revenue on Monday on the back of "very strong" demand for its range of specialized metals that offset softer prices, sending its shares to a more than eight-year high.
Australia's Lynas Rare Earths Ltd on Monday reported record fourth-quarter revenue as demand for the metals it mines that are used in electric vehicles, smartphones, and military equipment spurred prices higher.
Lynas Rare Earths Ltd said on Thursday it got a A$14.8 million ($10.9 million) grant from Australia to commercialise a new mineral refining process that produces high-purity rare-earth carbonate.
Australian miner Lynas Rare Earths Limited is working to provide more information requested by Malaysian authorities to resume an assessment of its application to build a facility for its low-level radioactive waste, it said on Wednesday.
Australian miner Lynas Rare Earths Limited is working to provide more information requested by Malaysian authorities to resume an assessment of its application to build a facility for its radioactive waste, it said on Wednesday.
Australia's Lynas Rare Earths posted a better-than-expected profit for the half year on Friday, helped by a rise in prices of rare earths it produces, particularly neodymium and praseodymium (NdPr).
The U.S. Department of Defense on Monday said it has awarded $30.4 million to Australia's Lynas Rare Earths Ltd to build a Texas facility for processing specialized minerals used to make weapons, electronics and other goods.
The U.S. Department of Defense on Monday said it has awarded $30.4 million to Australia's Lynas Rare Earths Ltd to build a Texas facility to process specialized minerals used to make weapons, electronics and other goods.
Australian rare earth producer Lynas Corp on Wednesday posted a 8.1% rise in first-quarter neodymium and praseodymium (NdPr) output as production normalized following the easing of coronavirus restrictions in Malaysia and Western Australia.
Australian rare earths producer Lynas Corp Ltd posted a smaller-than-expected annual loss on Monday and outlined plans to raise A$425 million ($304.94 million) to fund construction of an ore processing plant in Australia.
Australian rare earths producer Lynas Corp Ltd posted an annual loss on Monday, hurt by a temporary coronavirus-linked closure of its Malaysian processing plant and lower market prices.
Rare earth producer Lynas Corp <LYC.AX> said on Monday it signed a contract with the U.S. Department of Defense to begin initial design work for its heavy rare earth separation facility in Texas that the Pentagon is providing initial funding for.
* Rare earths demand hit by COVID-19 - Lynas (Adds restart details, Pentagon funding response, and details of demand)
Australian rare earth miner Lynas Corp said on Tuesday chairman Mike Harding intends to retire by September 30 after more than five years in the role.
Lynas Corp on Friday said it has complied with Australian Securities Exchange's disclosure rules in response to an exchange letter asking the miner about its disclosures on the funding of a rare earths processing plant in the United States.
Lynas Corp, the largest producer of rare earths outside China, said on Monday its processing plant in Malaysia will restart later in the day at about a 70% production rate.
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