Australia's Lynas Rare Earths posts 43% rise in second-quarter revenue

Lynas Rare Earths

20/01/2026 21:41

Jan 21 (Reuters) - Australia's Lynas Rare Earths LYC.AX reported a 43% rise in second-quarter revenue on Wednesday, as higher selling prices cushioned a production shortfall caused by power disruptions at its Western Australia processing facility.

    The world's largest producer of rare earths outside China posted sales revenue of A$201.9 million ($135.98 million) for the quarter ended December 31, compared with A$141.2 million a year ago.

($1 = 1.4848 Australian dollars)

 (Reporting by Rajasik Mukherjee and Jasmeen Ara Shaikh in Bengaluru; Editing by Sahal Muhammed)

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