Lynas Rare Earths Limited

Lynas is the only producer of scale of separated Rare Earths outside of China. Our Rare Earths deposit in Mt Weld, Western Australia, is acknowledged as one of the highest grade Rare Earths mine in the world and we operate the world’s largest single Rare Earths processing plant in Malaysia.

Lynas rare earth oxides are mined and initially processed at our Mt Weld Concentration Plant.

The materials are then shipped to our 100-hectare advanced materials plant in Gebeng, Malaysia, where the concentrate is separated and processed to produce high quality Rare Earth materials.

As part of our Lynas 2025 growth strategy, we are expanding our industrial footprint with a planned Rare Earths Processing Facility in Kalgoorlie, Western Australia. Read more here.

We know that environmental provenance and sustainability matter to our customers and end users and Lynas Rare Earth products are responsibly produced and traceable to our mine in Mt Weld, Western Australia.

Lynas Rare Earths are used in many high tech and future facing industries, including electronics, wind turbines, catalytic converters, and electric and hybrid motor vehicles.

Lynas sits apart from other rare earth manufacturers by offering our customers products with assured provenance from mine to finished product.

ASX Code
LYC

Sector
Materials

Website
https://lynasrareearths.com/

Spotlight Videos

Stocks of the Hour: Patriot Battery Metals, Lynas Rare Earths, Talon Energy

August 1, 2023 - by Abbey Phillipps

A snapshot of the stocks on the move, featuring Patriot Battery Metals (ASX:PMT), Lynas Rare Earths (ASX:LYC) and Talon Energy (ASX:TPD).

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News

Lynas rides out rare earth storm

August 28, 2024 - by Glenn Dyer

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. Like its lithium peer, Pilbara Minerals, Lynas demonstrated resilience in the face of declining demand for these exotic minerals.

Lynas Rare Earths reserves surge

August 6, 2024 - by Glenn Dyer

In yesterday’s market mayhem, another encouraging update by Lynas Rare Earths (ASX:LYC) on its reserves position went unnoticed.

Lynas to invest $25 million in expanding rare earth product line

June 27, 2024 - by Glenn Dyer

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.

Hancock Prospecting sets sights on rare earths

April 17, 2024 - by Glenn Dyer

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. Their latest move involves acquiring a stake in Lynas Rare Earths (ASX:LYC), the largest miner of this crucial material outside of China.

Rare earth price drop: Lynas faces profit slump

February 26, 2024 - by Glenn Dyer

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 the world’s biggest producer of these essential minerals outside China.

Lynas confirms talks with US rival MP Materials Corp

February 5, 2024 - by Glenn Dyer

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 potential transaction.

Lynas reveals 40% decline in rare earths production

January 22, 2024 - by Glenn Dyer

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 quarter.

Lynas gets green light for Mount Weld rare earths expansion

November 14, 2023 - by Glenn Dyer

The Western Australia Environmental Protection Authority (EPA) has recommended the environmental approval of Lynas' life-of-mine proposal for its Mount Weld rare earths project. The proposed expansion by Lynas Rare Earths' subsidiary aims to increase the development area to 2802 hectares, extending the operation's lifespan by up to 30 years. This decision comes despite concerns about transitioning to renewables.

Lynas Rare Earths faces turbulent months amid shutdown plans in Malaysia

October 23, 2023 - by Finance News Network

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 processing plant, over the December quarter.

ASX closes 0.54% higher as RBA leaves cash rate unchanged

August 1, 2023 - by Peter Milios

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.