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Lynas Corporation Ltd (LYC.AX)

LYC.AX on Australia Stock Exchange

1.73AUD
15 Dec 2017
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$0.05 (+3.28%)
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Latest Key Developments (Source: Significant Developments)

Lynas Corp ‍Sees An Expected Increase Of $5M In Cash Expenditure This Quarter
Monday, 27 Nov 2017 05:36pm EST 

Nov 28 (Reuters) - Lynas Corporation Ltd ::‍SEES AN EXPECTED INCREASE OF $5M IN CASH EXPENDITURE IN THIS QUARTER​.  Full Article

Lynas Corp says March quarter ndpr production, at 1,373 tonnes of ndpr
Tuesday, 25 Apr 2017 08:29pm EDT 

April 26 (Reuters) - Lynas Corp Ltd ::March quarter ndpr production, at 1,373 tonnes of ndpr, was up from result in December quarter."Expect to maintain production of ndpr at or slightly above design rates".  Full Article

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