https://www.mining.com/web/lynas-rare-e ... al-profit/Lynas Rare Earths posts sharp rise in annual profit
Reuters | August 25, 2026 |
Australia’s Lynas Rare Earths (ASX: LYC) reported a sharp rise in annual profit on Wednesday, supported by record average selling prices of rare-earths oxide and robust demand.
The largest rare-earths producer outside China logged a net profit after tax of A$222.4 million ($159.31 million) for the year ended June 30, compared with A$8 million a year earlier.
That missed a Visible Alpha consensus estimate of A$242.5 million.
($1 = 1.3961 Australian dollars)
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