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Lynas Corporation Ltd

LYC.AX

Latest Trade

2.33AUD

Change

-0.03(-1.27%)

Volume

6,354,876

Today's Range

2.32

 - 

2.42

52 Week Range

1.02

 - 

2.71

As of on the Australian Stock Exchange Ltd ∙ Minimum 15 minute delay

Pricing

Previous Close
2.36
Open
2.38
Volume
6,354,876
3M AVG Volume
140.12
Today's High
2.42
Today's Low
2.32
52 Week High
2.71
52 Week Low
1.02
Shares Out (MIL)
718.77
Market Cap (MIL)
2,099.51
Forward P/E
29.52
Dividend (Yield %)
--

Next Event

Lynas Corporation Ltd Annual Shareholders Meeting

Latest Developments

更多

Lynas Completes Placement & Institutional Entitlement Offer To Raise About A$311 Mln

Lynas Says New Shares To Be Issued At A$2.30 Per Share From Equity Raising

Lynas Announces Offer To Raise About $A425 Mln

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About Lynas Corporation Ltd

Lynas Corporation Ltd is an Australia-based company engaged in integrated extraction and processing of rare earth minerals, primarily in Australia and Malaysia, and development of rare earth deposits. The Company’s assets include Mt Weld, Mt Weld Concentration Plant and Lynas Malaysia. Mt Weld is a rare earths mine, located approximately 35 kilometer (km) south of Laverton in Western Australia. Mt Weld Concentration Plant is located approximately 1.5km from the mine site. Lynas Malaysia is an integrated manufacturing facility, separating and processing rare earths materials, located in the Gebeng Industrial Estate near the Port of Kuantan in Malaysia. Its subsidiaries include Lynas Malaysia Sdn Bhd and Lynas Services Pty Ltd.

Industry

Metal Mining

Contact Info

East Perth, L 1 7 Tully Rd

PERTH, WAS

26080

Malaysia

+60.9.5825200

https://www.lynascorp.com/

Executive Leadership

Michael Harding

Non-Executive Independent Chairman of the Board

Amanda Margaret Lacaze

Chief Executive Officer, Managing Director, Executive Director

Gaudenz Sturzenegger

Chief Financial Officer

Pol Le Roux

Vice President - Sales and Marketing

Mimi Afzan Afza

Vice President - People and Culture

Key Stats

1.40 mean rating - 5 analysts
Sell
Hold
Buy
Revenue (MM, AUD)

2018

0.4K

2019

0.4K

2020

0.3K

2021(E)

0.4K
EPS (AUD)

2018

0.084

2019

0.117

2020

-0.028

2021(E)

0.069
Price To Earnings (TTM)
--
Price To Sales (TTM)
6.88
Price To Book (MRQ)
3.23
Price To Cash Flow (TTM)
40.21
Total Debt To Equity (MRQ)
38.96
LT Debt To Equity (MRQ)
32.14
Return on Investment (TTM)
-2.35
Return on Equity (TTM)
-2.14

Latest News

Latest News

UPDATE 1-Australia's Lynas posts annual loss, to raise capital to build local facility

Australian rare earths producer Lynas Corp Ltd posted a smaller-than-expected annual loss on Monday and outlined plans to raise A$425 million ($304.94 million) to fund construction of an ore processing plant in Australia.

Australia's Lynas posts annual loss on lockdown hit, to raise $305 mln

Australian rare earths producer Lynas Corp Ltd posted an annual loss on Monday, hurt by a temporary coronavirus-linked closure of its Malaysian processing plant and lower market prices.

Pentagon, Lynas sign contract to kick off design work for U.S. rare earths facility

Rare earth producer Lynas Corp said on Monday it signed a contract with the U.S. Department of Defense to begin initial design work for its heavy rare earth separation facility in Texas that the Pentagon is providing initial funding for.

UPDATE 1-Lynas rare earth output nearly halves on virus-linked plant halts

* Rare earths demand hit by COVID-19 - Lynas (Adds restart details, Pentagon funding response, and details of demand)

Australia's Lynas says it complied with exchange's disclosure rules on funding

Lynas Corp on Friday said it has complied with Australian Securities Exchange's disclosure rules in response to an exchange letter asking the miner about its disclosures on the funding of a rare earths processing plant in the United States.

UPDATE 2-Australia's Lynas wins funding for U.S. heavy rare earths facility

Lynas Corp said on Wednesday the U.S. military will give it initial funding for a heavy rare earths separation facility in Texas as part of Washington's push to secure domestic supply of the essential minerals that China currently dominates.

Australia's Lynas selected for initial funding for U.S. rare earth facility

Lynas Corp said on Wednesday the U.S. military chose it for the initial funding for a U.S.-based rare earths separation facility as part of Washington's push to secure domestic supply of the essential minerals that China currently dominates.

Australian rare earths producer Lynas to submit plant tender to U.S. Army

Australia's Lynas Corp on Friday said it would submit a compliant tender in response to the U.S. Department of Defense's call for proposals to build a heavy rare earths separation plant in the United States.

UPDATE 2-Australia's Lynas says profit jumps 50 pct, eyes further growth

* Texas not sole possible location for heavy rare earths plant

Australia's Lynas posts 50% jump in annual profit

Australian rare earths miner Lynas Corp posted a 50% jump in annual profit on Thursday amid record production of major rare earth elements.

UPDATE 1-Pentagon in talks with Australia on rare earths plant -official

* U.S. looks to Australia for rare earths processing capacity

UPDATE 2-Australia's Lynas stockpiles rare earths for 'strategic' customers

* Prices for rare earths have jumped amid Sino-U.S. trade tensions

REFILE-Australia's Lynas to continue stockpiling rare earth element despite price surge

Lynas Corp on Friday said it was stockpiling production of its major rare earth element, Neodymium Praseodymium, despite a sharp increase in prices lately as rare earths find themselves in the middle of the U.S.-China trade war.

UPDATE 3-Lynas touts its independence from China in push for rare earths growth

With China threatening to curb exports of rare earth minerals, Lynas Corp is making an aggressive push for fresh business across the globe and billing itself as the best option for its customers to tap diversified supplies of the specialized materials.

Lynas touts Chinese independence in push for rare earths growth

Lynas Corp, the only rare earths miner and processor outside of China, sees its several expansion projects as the best option for its customers to tap diversified supplies of the specialized materials, its chief executive said on Thursday.

UPDATE 2-Australia's Lynas, Blue Line plan Texas rare earths facility

* Lynas only major rare earth minerals producer outside China

Australia's Lynas plans new processing facility in the U.S.

Rare earth minerals miner Lynas Corp on Monday said it had signed a memorandum of understanding with Blue Line Corp to set up a rare earths separation facility in the United States.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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