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Strong Lynas quarter in volatile RE market

Rare earths producer Lynas Corp has delivered a record operational quarter from its integrated operations, with the 1,447 tonnes of NdPr output slightly below the 1,500t targeted after “external water supply issues” in Malaysia in May.

Strong Lynas quarter in volatile RE market Strong Lynas quarter in volatile RE market Strong Lynas quarter in volatile RE market Strong Lynas quarter in volatile RE market Strong Lynas quarter in volatile RE market

The Amanda Lacaze-led Lynas asserted its market position in the June quarter by holding inventory rather than selling into a volatile market and receiving lower than acceptable pricing.

Cash flows from operations totalled A$20.7 million and debt was reduced by US$20 million to $165.2 million.

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