Lynas Rare Earths Ltd. (ASX: LYC) reported a strong performance in Q2 FY26, with gross sales revenue of AU$201.9 million, reflecting a 43% increase compared to the previous year. This was driven by higher demand for Neodymium-Praseodymium (NdPr) and increased product prices, reaching an average of AU$85.60/kg. The company experienced challenges in NdPr production, which decreased by 30% due to power disruptions and maintenance activities. However, the company's cash position remained robust, with AU$1,030.9 million in short-term deposits at the end of the quarter. Lynas also advanced its growth strategy, completing the commissioning of its Mt Weld expansion project and starting modifications for the Heavy Rare Earths (HRE) separation facility at Lynas Malaysia. The company is also negotiating with the U.S. Department of War on a potential contract for a Heavy Rare Earths processing facility. CEO Amanda Lacaze announced plans to retire in FY26
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Lynas Rare Earths Ltd. Quarterly Performance Overview (Q2 FY26)
Lynas Rare Earths Ltd. (ASX: LYC) reported a strong performance in Q2 FY26, with gross sales revenue of AU$201.9 million, reflecting a 43% increase compared to the previous year. This was driven by higher demand for Neodymium-Praseodymium (NdPr) and increased product prices, reaching an average of AU$85.60/kg. The company experienced challenges in NdPr production, which decreased by 30% due to power disruptions and maintenance activities. However, the company's cash position remained robust, with AU$1,030.9 million in short-term deposits at the end of the quarter. Lynas also advanced its growth strategy, completing the commissioning of its Mt Weld expansion project and starting modifications for the Heavy Rare Earths (HRE) separation facility at Lynas Malaysia. The company is also negotiating with the U.S. Department of War on a potential contract for a Heavy Rare Earths processing facility. CEO Amanda Lacaze announced plans to retire in FY26
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au