Lynas Rare Earths
LYC.ASXMaterials
Production of Rare Earths concentrate at Mt Weld. Production and sale of Rare Earths products from the LAMP in Malaysia.
Market Data
$19.190
+0.0%$19.1B
228.8x
$0.084
0.00%
+0.3%
Latest Earnings
Lynas Rare Earths FY26 Half Year Results
26 February 2026
Lynas Rare Earths delivered strong H1 FY26 results with revenue surging 63% to $413.7M and NPAT jumping to $80.2M from $5.9M in the prior period, driven by higher production volumes, increased pricing, and completion of the Lynas 2025 expansion projects. The company successfully raised $932M to fund its Towards 2030 growth strategy and is now the only commercial producer of separated Light and Heavy Rare Earth oxides outside China. Strong pricing momentum continues with NdPr prices reaching US$111.5/kg in February 2026, up from US$74/kg in December 2025. Key points: Revenue increased 63% to $413.7M with NPAT surging to $80.2M from $5.9M in prior period; Successfully completed $932M equity raising ($750M institutional placement + $182M retail SPP) to strengthen balance sheet; Completed commissioning of Mt Weld expansion project with flotation circuit at 70% nameplate capacity
Recent Announcements
Ceasing to be a substantial holder
JPMorgan Chase & Co. and its affiliates ceased to be a substantial holder.
Date of Quarterly Report and Briefing
Lynas Rare Earths Limited will announce its quarterly results for the period ending 31 March 2026 on Tuesday, 21 April 2026, with Managing Director Amanda Lacaze hosting an analyst and shareholder briefing at 12 noon Sydney time via webcast.
Lynas Rare Earths FY26 Half Year Results
Lynas Rare Earths delivered strong H1 FY26 results with revenue surging 63% to $413.7M and NPAT jumping to $80.2M from $5.9M in the prior period, driven by higher production volumes, increased pricing, and completion of the Lynas 2025 expansion projects. The company successfully raised $932M to fund its Towards 2030 growth strategy and is now the only commercial producer of separated Light and Heavy Rare Earth oxides outside China. Strong pricing momentum continues with NdPr prices reaching US$111.5/kg in February 2026, up from US$74/kg in December 2025. Key points: Revenue increased 63% to $413.7M with NPAT surging to $80.2M from $5.9M in prior period; Successfully completed $932M equity raising ($750M institutional placement + $182M retail SPP) to strengthen balance sheet; Completed commissioning of Mt Weld expansion project with flotation circuit at 70% nameplate capacity
Becoming a substantial holder
JPMorgan Chase & Co. and its affiliates became a substantial holder (5.15%).
Ceasing to be a substantial holder
JPMorgan Chase & Co. and its affiliates ceased to be a substantial holder.
Becoming a substantial holder
JPMorgan Chase & Co. and its affiliates became a substantial holder (5.24%).
Earnings Release - 26 February 2026
Upcoming earnings release expected 26 February 2026 (from Yahoo Finance (estimated))
Date of Quarterly Report and Briefing
Lynas Rare Earths Limited will announce its quarterly results for the period ending 31 December 2025 on Wednesday, 21 January 2026, with Managing Director Amanda Lacaze hosting an analyst and shareholder briefing at 12pm Sydney time that will be webcast online.
Date of Quarterly Report and Briefing
Lynas Rare Earths Limited will announce its quarterly results for the period ending 30 September 2025 on Thursday 30 October 2025, with Managing Director Amanda Lacaze hosting an analyst and shareholder briefing at 12 noon Sydney time, which will be webcast online.
Appendix 4E and 2025 Annual Report
Lynas Rare Earths reported FY25 revenue of $556.5M (+20.1% YoY), driven by an 18% increase in high-value NdPr sales volume, but net profit collapsed 90.5% to $8.0M due to higher depreciation from new facilities and lower production at ramping-up assets. The company completed its major Lynas 2025 growth projects, achieved first Heavy Rare Earth production outside China, and now focuses on optimizing these investments under its Towards 2030 strategy with $166.5M cash on hand. Key points: Revenue increased 20.1% to $556.5M driven by 18% growth in high-value NdPr sales volume to 6,555 tonnes, now representing 60% of total sales (vs 46% in FY24); Achieved world-first milestone: Lynas is now the only commercial producer of separated Heavy Rare Earth oxides (Dysprosium and Terbium) outside China, with first production achieved in May-June 2025; Mt Weld mineral resources increased 92% to 106.6M tonnes (4.12% TREO) and ore reserves increased 63% to 32.0M tonnes supporting >35 year mine life at current rates or >20 year at expanded capacity
Get real-time alerts for LYC
Receive AI-powered earnings summaries and instant notifications when Lynas Rare Earths releases results.
Register Free