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Lynas Posts Record Quarterly Revenue and Advances Malaysia Expansion

8:46am on Wednesday 22nd of July, 2026 AEST Mining
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Lynas Posts Record Quarterly Revenue and Advances Malaysia Expansion

8:46am on Wednesday 22nd of July, 2026 AEST
Key Points
  • Record quarterly sales revenue of A$288.9 million, up 70% year-on-year
  • Average selling price hits a record A$98.2/kg driven by NdPr and heavy rare earths
  • Expanded heavy rare earth facility cost rises to A$294 million due to geopolitical factors
  • New A$50 million investment and supply deal with JS Link for Malaysian magnet factory
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