Lynas revenue jumps 21% as rare earth prices hit new records

معدن نیوز - Australian miner Lynas Rare Earths posted a 20.6% rise in revenue in the March quarter as selling prices for the key metals it mines hit record highs amid strong demand, particularly for neodymium and praseodymium (NdPr).

Lynas CEO cautiously optimistic of market recovery

Mining News Pro - Lynas Rare Earths has enjoyed record-high rare earths prices during the March quarter as the market recovered from the COVID-19 pandemic.

Lynas 2025 growth vision on track

Mining News Pro - Lynas Corporation has taken steps towards achieving its 2025 growth vision after securing funding to develop its Kalgoorlie rare earth processing facility in Western Australia.

Lynas to feed new US plant with Kalgoorlie rare earths

Mining News Pro - Lynas Corporation has inked an agreement with the United States Government to build a light rare earths separation plant in Texas.

Lynas nears construction of Kalgoorlie processing facility

Mining News Pro - Lynas Corporation is on track to commence the construction of its Kalgoorlie rare earth processing facility in Western Australia in mid-2021.

Lynas to install industrial dryer at Mt Weld

Mining News Pro - Lynas has received a 14-metre industrial scale dryer at the Mt Weld rare earths deposit in Western Australia that will be added to improve production efficiency.

Lynas production soars above COVID-19, price challenges

Mining News Pro - Lynas Corporation has delivered a significant jump in its production of neodymium-praseodymium (NdPr) and rare earth oxides (REO) amid volatile prices during the September quarter.

Lynas increases production in Sept quarter

Mining News Pro - Rare earths miner Lynas has reported a significant increase in production of neodymium praeseodymium (NdPr) in the first quarter ending September, while total rare earth oxide production nearly doubled.

Lynas secures Kalgoorlie rare earth facility sub-lease

Mining News Pro - Lynas Corporation has signed a sub-lease with the City of Kalgoorlie Boulder for a 135-hectare area where its rare earth processing facility in Western Australia will be constructed.

Lynas posts 2020 loss, raises funds for plant in Australia

Mining News Pro - Rare earths miner Lynas Corp posted on Monday a smaller-than-expected annual loss and outlined plans to raise A$425 million (around $307m) to fund construction of a new ore processing plant in Australia.

Lynas looks ahead following COVID-19 impacts

Mining News Pro - Lynas Corporation has not escaped the COVID-19 pandemic unscathed as rare earths prices took a dip and operations moved into temporary suspension.

Lynas waste facility construction nears breakthrough

Mining News Pro - Lynas Corporation has received a government approval for the embattled construction of its waste facility in Malaysia.

Lynas makes US rare earths breakthrough

Mining News Pro - Lynas Corporation has overcome a political hurdle in the United States to secure a contract for a rare earth facility in Texas.

Lynas accelerates 2025 projects amid operations slowdown

Mining News Pro - Lynas Corporation has felt the impact of the coronavirus pandemic as it delivered a lower rare earths production of 2579 tonnes during the June quarter.

Metso Outotec wins Lynas rare earths contract

Mining News Pro - Lynas Corporation has signalled the start of development of its Kalgoorlie rare earths processing plant in Western Australia by awarding a contract to Metso Outotec.

Lynas encounters political hurdle in US rare earth contract

Mining News Pro - Lynas Corporation’s contract for a United States-based heavy rare earth separation facility is uncertain after the government decided to rethink its decision.

Pentagon halts rare earths funding for Lynas

Mining News Pro - The US Department of Defense last month reversed its decision to fund two projects to process rare earth minerals for military weapons, one of which has controversial ties to China, according to three sources and a government document seen.

Lynas Malaysia plant returns to business

Mining News Pro - Lynas Corporation has restarted operations at its Malaysian plant after the country’s Prime Minister eased coronavirus restrictions.

Lynas to restart Malaysian plant as virus curbs ease

Mining News Pro - Rare earths producer Lynas Corp said on Friday it will reopen its processing plant in Malaysia at the start of next week as the Southeast Asian nation eases restrictions imposed since March to control the spread of the coronavirus.

Lynas sidesteps virus hurdles with production lift

Mining News Pro - Lynas Corporation has experienced a rise in its March quarterly production despite production constraints inflicted by the coronavirus pandemic.

Lynas Malaysia plant shutdown extended

Mining News Pro - The Malaysian Government has extended its movement control order to combat the coronavirus, causing Lynas Malaysia to prolong the temporary suspension of its production plant.

Lynas suspends operations at Malaysian plant

Mining News Pro - Lynas Corporation has halted operations at its Malaysian plant following an escalation of coronavirus cases in the country.

Lynas closes Malaysia plant due to coronavirus curbs

Mining News Pro - Rare earths producer Lynas Corp said on Monday it closed its processing plant in Malaysia temporarily after the government introduced strict measures to curtail the spread of the coronavirus.

Lynas on track to get new Malaysia permit by March

Mining News Pro - Australia’s Lynas Corp posted a 7.4% rise in quarterly revenue on Friday as higher demand for rare earth elements countered weaker prices and the miner said it was on track to get its processing license renewed by Malaysia in March.

Lynas blames US-China trade war for rare earths market volatility

Mining News Pro - Australia’s Lynas Corp (ASX: LYC) reported Monday a drop in sales revenue and production of rare earths due to ongoing trade tensions between China and the United States, which have negatively impacted Beijing’s demand.

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