Lynas Corporation Limited
Lynas Corporation Ltd is an ASX 100 listed company, with the strategy to create a reliable, fully integrated source of Rare Earths from mine through to market, and to become the benchmark for the security of supply and environmental standards in the global Rare Earths industry.
The foundation of this strategy is Mount Weld in Western Australia, the richest known deposit of Rare Earths in the world, and a state-of-the-art Rare Earths processing plant, the Lynas Advanced Materials Plant (LAMP), currently under construction near Kuantan in Pahang, Malaysia. Production is scheduled for third quarter of 2011.
Lynas is set to provide the first new source of supply of Rare Earths outside of China when it comes into production in the third quarter of 2011. We believe this timeframe puts us well ahead of our competitors. Our customers’ requirements and commitments are driving the business development strategy for products to be produced, growth of production and collaboration with partners in the value chain.
Company News /
by Glenn Dyer -
7 months ago
28 Aug 2024 - Lynas Rare Earths (ASX:LYC) weathered the global rare earths market downturn and still managed to report a profit, albeit significantly lower than the previous year. …
Company News /
by Glenn Dyer -
7 months ago
06 Aug 2024 - In yesterday’s market mayhem, another encouraging update by Lynas Rare Earths (ASX:LYC) on its reserves position went unnoticed.
Company News /
by Glenn Dyer -
9 months ago
27 Jun 2024 - Lynas (ASX:LYC) is going to spend around $US25 million adding a new stream of rare earth products to the range produced at its Malaysian operation.
Company News /
by Glenn Dyer -
11 months ago
17 Apr 2024 - After spending billions to secure an overpriced position in lithium, Gina Rinehart and her company, Hancock Prospecting, are now setting their sights on rare earths. …
Company News /
by Glenn Dyer -
A year ago
26 Feb 2024 - As expected, the slump in rare earth prices and lower production and sales took a toll on Lynas in the six months to December, significantly impacting the profit of t…
Company News /
by Glenn Dyer -
A year ago
05 Feb 2024 - Australian rare earth miner Lynas (ASX:LYC) has confirmed media reports that it has had confidential discussions with US-based rival MP Materials Corp regarding a pot…
Company News /
by Glenn Dyer -
A year ago
22 Jan 2024 - Lynas (ASX:LYC), a rare earths group, saw its shares under pressure on Monday after revealing a 40% year-on-year decline in rare earths production in the December qua…
Company News /
by Glenn Dyer -
A year ago
14 Nov 2023 - The Western Australia Environmental Protection Authority (EPA) has recommended the environmental approval of Lynas' life-of-mine proposal for its Mount Weld rare eart…
Company News /
by Glenn Dyer -
A year ago
23 Oct 2023 - Lynas Rare Earths (ASX:LYC) surprised investors on Friday with news of its plan to shut down all operations in Malaysia, except for a mixed rare earth carbonate proce…
Market Reports /
by Peter Milios -
A year ago
1 Aug 2023 - At the closing bell, the S&P/ASX 200 was 0.54 per cent higher at 7,450.70 after the Reserve Bank’s left the cash rate on hold.
Company News /
by Glenn Dyer -
A year ago
1 Aug 2023 - Despite the cost more than doubling, Lynas' plans to build a US facility remain on track.
Market Reports /
by Peter Milios -
A year ago
1 Aug 2023 - According to a recent ANZ-Roy Morgan survey, consumer confidence experienced a notable boost of 3.2 percentage points last week, reaching its highest level since late …
Company News /
by Glenn Dyer -
A year ago
31 Jul 2023 - Lynas Rare Earths (ASX:LYC) took a significant hit in the June quarter from the slump in world prices for its key products.
Company News /
by Glenn Dyer -
A year ago
20 Jun 2023 - Lynas Rare Earths (ASX:LYC) is facing a possible interruption to the start up of its $575m Kalgoorlie Rare Earths Processing Facility in WA’s goldfields.
Company News /
by Glenn Dyer -
A year ago
09 May 2023 - Lynas (ASX:LYC) shares surged 12% yesterday after Malaysian authorities gave Lynas a six-month extension to allow it to continue operating its rare earths separation …
Market Reports /
by Peter Milios -
A year ago
08 May 2023 - Australian shares experienced their most significant increase in four weeks following a surge in the US market due to short covering in banks. This occurred despite a…
Market Reports /
by Peter Milios -
A year ago
08 May 2023 - At noon, the S&P/ASX 200 is 0.60 per cent higher at 7,263.40 following strong results from the US markets on Friday. US stocks experienced a surge as regional bank sh…
Company News /
by Glenn Dyer -
A year ago
27 Apr 2023 - Ahead of what could be a company redefining court hearing in Malaysia tomorrow (Friday) Lynas Rare Earths (ASX:LYC) reported a record neodymium-praseodymium (NdPr) pr…
Company News /
by Glenn Dyer -
2 years ago
28 Feb 2023 - Lynas Rare Earths (ASX:LYC) saw a 4% drop in first-half profit on Monday as prices for its metals were eroded by the combined impact of disruptions to water supplies …
Company News /
by Glenn Dyer -
2 years ago
31 Jan 2023 - Shares in rare earths group Lynas (ASX:LYC) made a strong start to the week on Monday, jumping to their highest level in more than 6 months after the company revealed…
Company News /
by Glenn Dyer -
2 years ago
26 Aug 2022 - Lynas Rare Earths (ASX:LYC) has reported a record profit as it moves to rapidly expand output on the back of strong demand for ex-China supply of its key products ess…
Market Reports /
by Paul Sanger -
2 years ago
03 Aug 2022 - Asian equities are mostly higher Wednesday as geopolitical risks over Taiwan are somewhat fading. Taiwan is edging higher after China's response to Pelosi visit was n…
Market Reports /
by Tim McGowen -
2 years ago
03 Aug 2022 - Asian equities are trading mostly higher Wednesday. Mainland China and Hong Kong opened firmer, joining Japan and South Korea. Taiwan is slightly weaker with concerns…