Lynas Rare Earths has achieved $185.9 million in sales revenue after strong demand for the company’s neodymium and praseodymium (NdPr) oxide during the June quarter of 2021.
The company produced 3778 tonnes of rare earth oxide (REO) for the quarter, including 1393 tonnes of NdPr.
Lynas chief executive officer Amanda Lacaze said its REO production demonstrated the company’s resilience to COVID-19 challenges in Malaysia.
“Sales revenue of $185.9 million and sales receipts of $192 million were both records for the company,” Lacaze said.
“This result reflected sustained demand for Lynas NdPr products and strong market pricing, as end users and governments around the world continue to recognise the need for a diversified supply of responsible rare earth materials.
“NdPr production of 1393 tonnes was a slight improvement on the preceding quarters. This is an excellent result given continuing challenges presented by the ongoing pandemic, particularly in Malaysia.
“The achievements of our Malaysian team have been absolutely outstanding over the full duration of the pandemic and in the past quarter in particular.”
Lacaze said demand for NdPr had strengthened to pre-COVID levels with the average China domestic price reaching $US69.90 ($94.86) per kilogram in June due to increased activity from the automotive and fluid catalytic cracking sectors.
Lynas has also continued to advance its 2025 project strategy, which includes its rare earth processing facility in Kalgoorlie and United States-based rare earths processing facility.
Information requested by Western Australia’s Environment Protection Authority (EPA) for the Kalgoorlie facility was submitted during the quarter along with an updated environmental review document.
Lynas is preparing the Mt Weld rare earth deposit in Western Australia for its next mining campaign after it commissioned the second stack cell in late June and installation of a second concentrate dryer.
According to Lynas, the concentrate dryer will improve rare earth concentrate quality at Mt Weld with it expected to be in operation next quarter.
稀土开采公司Lynas第四季度销售收入达1.8亿再创记录，股价飙升10%
2021-07-26 10:53:01 (AET) by Edward Zhang 6767
稀土开采公司 Lynas（ASX：LYC）21财年第四季度的销售收入和季度收入均创下记录。其中，销售收入高达1.859亿澳元，较上一季度增长69%，比去年同期大幅度提升389.2%；稀土氧化物总产量为3778吨，较上一季度减少15.3%；镨钕产量为1393吨，较前一季度小幅提升。
澳股资讯平台 – 61 Financial 7月26日讯，稀土开采公司 Lynas（ASX：LYC） 早盘发布21财年第四季度的市场报告。
根据报告，在对产品的持续需求和强劲的市场定价的推动下，Lynas的季度收入和销售收入均创下记录。
其中，销售收入高达1.859亿澳元，较上一季度增长69%，比去年同期的3800万澳元大幅度提升389.2%；稀土氧化物（REO）总产量为3778吨，较上一季度的4463吨减少15.3%；镨钕产量为1393吨，较前一季度小幅提升。
市场方面，第四季度镨钕在中国国内的平均价格为69.9美元/公斤，整个季度走势疲软，较前几个月的涨幅略有调整。但由于强大的需求也抵消了部分物价下跌对Lynas带来的影响，并且7月份镨钕氧化物价格再次出现上涨。
Lynas表示，在COVID-19大流行的持续影响下，公司马来西亚小组依然表现杰出，并处理了供水短缺问题。在该地区第三波疫情的影响下，公司对所有员工和承包商进行病毒检测，同时为其提供住所以控制传播风险。公司预计，尽管面临各种挑战，但马来西亚工厂仍将顺利保持以75%的产能运行。
受此消息影响，公司股价早盘高开，盘中涨幅高达9.95%，位居ASX200指数榜榜首。
截止发稿，股价上涨9.02%。
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消息来源：
公司公告Lynas Rare Earths Awarded $14.8M Australian Government Grant