Australia's Lynas Rare Earths first-quarter revenue falls 22%

© Reuters. FILE PHOTO: A small toy figure and mineral imitation are seen in front of the Lynas Rare Earths logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration

- Australia's Lynas Rare Earths reported a 21.8% fall in first-quarter revenue on Friday, hurt by lower product prices and continued accumulation of inventory. The world's largest producer of rare earths outside China said sales revenue was A$128.1 million for the three months to Sept. 30, compared with A$163.8 million a year ago and a consensus estimate of A$159 million, according to Barrenjoey.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.

{username} Just Now Share Follow this postUnfollow this post Save Saved. See Saved Items . This comment has already been saved in your Saved Items Author's response{commentContent} Reply 00 Report {username} Just NowAuthor's response Share Follow this postUnfollow this post Save Saved. See Saved Items .

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cummins Range rare earths project, AustraliaAn enhanced scoping study has proposed a three-stage development approach for the project.
Source: MiningWeeklyAUS - 🏆 233. / 63 Read more »

Scoping study proves Altona’s Mozambique rare earths project viableLondon-listed rare earths exploration and development company Altona says a newly released scoping study demonstrates the potential for its Monte Muambe rare earths project, in northwestern Mozambique, to become a viable mining operation.   The company has also published an updated competent person report.
Source: MiningWeeklyAUS - 🏆 233. / 63 Read more »

Dragon Ball Super Reveals Perfect Combination Cards: First Super RareBandai has revealed the next Dragon Ball Super Card Game expansion. After some teases, the main website for the game has announced with a new banner that the title of this set is Zenkai Series – Perfect Combination.
Source: bleedingcool - 🏆 20. / 69 Read more »

Rare monster-looking fish with sharp teeth washes up at OC’s Crystal CoveIt is the second angler fish to washed up at Crystal Cove State Park in recent years.
Source: ladailynews - 🏆 332. / 59 Read more »

Midleton Very Rare Forêt de Tronçais Was Finished in French Oak CasksJust when you think you heard of every cask finish, a new one arrives.
Source: RobbReport - 🏆 309. / 63 Read more »

Rare sighting of a white orca near California coastWhale watchers in Monterey Bay, California, were given a rare treat after spotting a white orca whale swimming alongside a pod of other orcas on Oct. 15.
Source: breakingweather - 🏆 497. / 51 Read more »