Australia's Lynas Rare Earths posts 70% rise in fourth-quarter revenue

Lynas Rare Earths

21/07/2026 23:59

July 22 (Reuters) - Australia's Lynas Rare Earths LYC.AX reported a nearly 70% rise in fourth-quarter revenue on Wednesday, supported by an increase in average selling price and strong demand from customers seeking sustainable supply chains outside China.
The world's largest rare earths producer outside China reported gross sales revenue of A$288.9 million ($202.14 million) for the quarter ended June 30, up from A$170.2 million a year earlier.
But that missed Visible Alpha's consensus estimate of A$359.8 million.






($1 = 1.4292 Australian dollars)

 (Reporting by Keshav Singh Chundawat and Anjali Singh in Bengaluru; Editing by Diti Pujara)
 ((Keshav.SinghChundawat@thomsonreuters.com; anjali.singh2@thomsonreuters.com;))