Lynas's revenue fell last quarter from a year earlier in an effort to extend its license in Malaysia

Published: Jul 29, 2019 15:08

Save

Lynas Corp Ltd today reported fourth quarter 2019 results (April 1-June 30, 2019), which showed that the company's total rare earth oxide production for the quarter was 4651 tons, down 3.2 per cent from 4804 tons in the same period last year. The sales volume is 4723 tons.

SMM7, 29 March -: Lynas Corp Ltd today reported fourth quarter 2019 results (1 April-30 June 2019), reporting that the company's total rare earth oxide production for the quarter was 4651 tons, down 3.2 per cent from 4804 tons in the same period last year. The sales volume is 4723 tons.

However, the output of neodymium and praseodymium mixed rare earth (NdPr) was 1505 tons, up 4 per cent from a year earlier, compared with 1447 tons in the same period last year.

The company said revenue was A $875 billion (US $60.5 million), down 4.6 per cent from a year earlier and 13.6 per cent from the previous quarter, as a result of falling prices and sales strategies. "Company financial statements

Amanda Lacaze, the company's chief executive, said the company was still in communication with the Malaysian government in the hope of extending its operating license, which expires on Sept. 2, and said it was committed to expanding its business in the downstream industry in Malaysia to promote the development of the rare earth processing industry.

Click to sign up for this summit

"Click to sign up for this summit

Scan QR code and apply to join SMM metal exchange group, please indicate company + name + main business

Rare earths supply and demand market production capacity

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Feb 28, 2026 19:31

Iran Conflict Has Minimal Impact on Rare Earth Industry, May Affect European Prices

SMM News: The conflict in Iran that began on the afternoon of February 28, 2026, has not yet had a significant impact on the rare earth industry chain. According to SMM data, China exported approximately 67 mt of rare earth permanent magnets to Iran throughout 2025, accounting for 0.11% of total exports, and about 746 mt to all Middle Eastern countries, representing 1.1% of total exports. It is expected that the situation will mainly affect ocean freight rates, subsequently impacting rare earth prices in Europe and further intensifying the upward trend in European rare earth prices.

Feb 28, 2026 19:31

Feb 28, 2026 15:27

China's Enhanced Export Controls: Impact on 20 Japanese Entities and Rare Earth Supply Chains【SMM Analysis】

On Feb 24, 2026, China placed 20 Japanese firms, including Subaru, on an export control watchlist for unverifiable end-use of dual-use items. This signals tighter controls on critical minerals and tech amid geopolitical and supply chain shifts. The analysis examines the firms' supply chain roles and the long-term industrial implications.

Feb 28, 2026 15:27

Feb 28, 2026 15:06

[SMM Analysis] Further Escalation of Export Controls to Japan: In-depth Analysis of 20 Japanese Entities on the "Watch List" and Discussion of Subsequent Impacts

On February 24, 2026, China's Ministry of Commerce issued Announcement No. 12 of 2026, adding 20 Japanese entities, including Subaru Corporation, to the export control "watch list" on the grounds of "inability to verify the end-users and end-uses of dual-use items." This move marks the first time since January 2026 that China has explicitly implemented such list-based management measures targeting Japanese enterprises, signaling a shift toward more precise, systematic, and in-depth development of export controls in the fields of critical minerals and high-tech materials. This article will conduct an in-depth analysis of the core backgrounds of these 20 enterprises, reveal their deep-seated connections with supply chains of critical materials such as rare earths, and explore the potential impact of this measure on the future global industrial landscape.

Feb 28, 2026 15:06