Australia's Lynas Rare Earths more than doubles third-quarter revenue

Lynas Rare Earths

20/04/2026 23:57

April 21 (Reuters) - Australia's Lynas Rare Earths LYC.AX posted an over two-fold jump in third-quarter revenue on Tuesday, supported by strong

production and sales.

The world's largest producer of rare earths outside China posted gross sales revenue of A$265 million ($190.19 million) for the quarter ended March 31, compared with A$123 million a year ago.

($1 = 1.3933 Australian dollars)

 (Reporting by Nichiket Sunil and Aamir Shaik Khalid in Bengaluru; Editing by Vijay Kishore)

 ((Aamir.SheikKhalid@thomsonreuters.com;))