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Lynas Rare Earths
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Lynas Rare Earths has warned that costs at its heavy rare earths expansion in Malaysia have risen to nearly A$294-million from A$180-million, sending shares to a more than five-month low despite record quarterly revenue. The company said first gadolinium output is expected in early fiscal 2028, followed by yttrium in early calendar 2028 and then lutetium, while quarterly sales rose almost 70% to A$288.9-million on higher average selling prices, though volumes missed forecasts after ore quality issues at Mt Weld, in Western Australia.
Pentagon supply deal faces Malaysian political scrutinyA Malaysian parliamentary committee has reviewed Lynas' binding letter of intent to supply the US Department of Defense with rare earth oxides worth $96-million over four years, recommending clearer foreign investment policy. More than twenty civil society groups, including Greenpeace Malaysia, oppose the deal over US military support for Israel's war in Gaza.
Magnet venture and leadership transition continueLynas is investing about A$50-million in a Kuantan magnet factory with South Korea's JS Link, alongside heavy rare earth expansion under a renewed ten-year Malaysian licence, with new interim CEO Pol Le Roux, who succeeded Amanda Lacaze on July 1.
Lynas Rare Earths Updates
Australia's Lynas Rare Earths on Wednesday warned of a cost overrun at its heavy rare earths expansion project in Malaysia after reporting fourth-quarter revenue below analyst expectations, sending...
A Malaysian parliamentary group is scrutinizing ASX-listed Lynas Rare Earths' agreement to supply rare earths to the US, as lawmakers weigh implications for the nation’s foreign policy and...
Lynas Rare Earths said on Tuesday it has signed a partnership deal with South Korea's JS Link to develop a magnet factory in Malaysia. The Australian rare-earths producer will also supply...
ASX-listed Lynas Rare Earths has appointed Pol Le Roux interim CEO effective July 1 as it searches for a permanent appointment to succeed Amanda Lacaze, who is set to retire at the end of June. Le...
China has cut Japan off from several heavy rare earths and other materials for at least four months, coinciding with a dispute between the two countries over Taiwan, suggesting Beijing is using its...
Arafura Rare Earths said on Thursday it had approved the development of its $1.6-billion Nolans project in Australia's Northern Territory, which is set to be the country's third-biggest rare earths...
New government regulations in the US and Europe are helping to push customers to buy rare earth products from suppliers outside China, Australia's Lynas Rare Earths CEO Amanda Lacaze said on...
ASX-listed Lynas Rare Earths has posted higher rare earth oxide (REO) production of 3 200 t in the quarter ended March 31, which generated A$265-million of revenue for the company. The Australian...
ustralia's Lynas Rare Earths and South Korea's LS Eco Energy said on Thursday they plan to work together to process rare earths, to help meet demand from customers scrambling to secure non-Chinese...
Australia-headquartered Lynas Rare Earths has strengthened its position in the global rare earths market, announcing on Thursday that it had produced its first samarium oxide at its Malaysian...
Australia-listed rare earths producer Lynas Rare Earths has signed a binding letter of intent with the US Department of War to establish a rare earth oxide supply agreement aimed at strengthening...
Australia's Lynas Rare Earths has revamped its supply agreement with Japan Australia Rare Earths, securing a firm annual commitment for 5 000 tonnes of neodymium‑praseodymium, a key rare‑earth...
Australian producer Lynas Rare Earths has secured a ten-year renewal of its Malaysian operating licence, providing longer-term certainty for its downstream processing operations and supply chain...
Australia's Lynas Rare Earths reported its best first-half profit in three years on Thursday, helped by higher sales volumes and elevated commodity prices. Beijing's easing of export controls has...
Lynas Rare Earths has overtaken Australian blue-chip stalwart Qantas Airways by market capitalisation, as concerns about China’s dominance of critical minerals lift the miner’s stock. Both...
Sojitz will expand imports of Australian rare earth elements from Lynas Rare Earths, a spokesperson for the Japanese trading house said on Monday, as Tokyo seeks to reduce its dependence on China....
Government policies around floor prices for rare earths have improved the function of the market and helped lift prices to sustainable levels, Amanda Lacaze, the CEO of Lynas Rare Earths said on...
Australia's Lynas Rare Earths reported a 43% rise in second-quarter revenue on Wednesday, as higher selling prices eclipsed a production shortfall caused by power disruptions at its ore processing...
ASX-listed Bayan Mining and Minerals has strengthened its US rare earths push with the appointment of veteran processing and projects specialist John Ganser to advise on development of its Desert...
Australia's Lynas Rare Earths said on Tuesday its CEO Amanda Lacaze was retiring after 12 years, just as Western countries seek greater security of supply for the metals for which Lynas is the top...
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