ASX
237 days, 6 hours ago 
LYC
Lynas Rare Earths Limited
2024 AGM Voting Results
Lynas Rare Earths Ltd's 2024 Annual General Meeting saw all resolutions pass with overwhelming shareholder support, with the remuneration report, director re-election, and CEO performance rights grant receiving over 98% approval.
ASX
237 days, 13 hours ago 
LYC
Lynas Rare Earths Limited
CEO's AGM Presentation
Lynas Rare Earths Limited's 2024 Annual General Meeting revealed significant operational highlights, including the completion of the Mt Weld expansion project and the commencement of production at the new Kalgoorlie facility, alongside strong financial results and overwhelmingly positive shareholder votes on key resolutions.
Better than expected
 
Delay expected
 
ASX
237 days, 13 hours ago 
LYC
Lynas Rare Earths Limited
Chair's Address to AGM
Lynas Rare Earths reported a positive financial performance in FY24, achieving $84.5 million in net profit after tax despite challenging market conditions, driven by cost control and growth initiatives.
ASX
256 days, 4 hours ago 
LYC
Lynas Rare Earths Limited
KALGOORLIE RARE EARTHS PROCESSING FACILITY OFFICIALLY OPENS
Lynas Rare Earths officially opened its $800 million Kalgoorlie Rare Earths Processing Facility, a key part of its 2025 growth plan, marking a significant milestone in Australian rare earth processing.
ASX
265 days, 14 hours ago 
LYC
Lynas Rare Earths Limited
Quarterly Activities Report
Lynas Rare Earths reported A$120.5 million in sales revenue for Q1 FY25, with production managed to align with market demand, while progress on growth projects to reach 10.5kt NdPr capacity in FY25 remains on track.
Worse than expected
 
Delay expected
 
ASX
284 days, 14 hours ago 
LYC
Lynas Rare Earths Limited
Notice of Annual General Meeting/Proxy Form
Lynas Rare Earths Limited will hold its 2024 Annual General Meeting on November 27, 2024, to consider the FY24 annual financial report, remuneration report, director re-election, and performance rights grant for the CEO.
ASX
284 days, 14 hours ago 
LYC
Lynas Rare Earths Limited
ESG Report FY2024
Lynas Rare Earths released its 2024 ESG report, highlighting a $463.3 million revenue, $84.5 million net profit, and significant investments in renewable energy and sustainable practices.
Worse than expected
 
ASX
284 days, 14 hours ago 
LYC
Lynas Rare Earths Limited
Annual Report FY2024
Lynas Rare Earths Limited reported a net profit after tax of $84.5 million for FY24, despite challenging market conditions, driven by cost reductions and key growth initiatives.
Worse than expected
 
Delay expected
 
ASX
285 days, 5 hours ago 
LYC
Lynas Rare Earths Limited
Date for Quarterly Report and Briefing
Lynas Rare Earths will release its quarterly results for the period ending September 30, 2024, on October 30, 2024, followed by an analyst and shareholder briefing.
ASX
351 days, 12 hours ago 
LYC
Lynas Rare Earths Limited
Diggers & Dealers Presentation 2024
Lynas Rare Earths announces significant progress in FY24, including increased mineral resources and ore reserves, expansion projects, and plans for new product lines.
Better than expected
 
ASX
351 days, 13 hours ago 
LYC
Lynas Rare Earths Limited
2024 Mineral Resource and Reserve Update
Lynas Rare Earths announces a substantial increase in both Mineral Resources and Ore Reserves at its Mt Weld operations, highlighting a 92% increase in Mineral Resources and a 63% increase in Ore Reserves since 2018, with a significant rise in contained Heavy Rare Earth mineralisation.
Better than expected
 
ASX
364 days, 13 hours ago 
LYC
Lynas Rare Earths Limited
Quarterly Activities Report
Lynas Rare Earths reports lower REO production but progresses with Kalgoorlie facility ramp-up and Mt Weld expansion, while also targeting Heavy Rare Earths production in Malaysia.
Worse than expected
 
Delay expected
 
ASX
365 days, 3 hours ago 
LYC
Lynas Rare Earths Limited
Lynas Signs Contracts for Mt Weld Hybrid Power Station
Lynas Rare Earths has signed contracts with Zenith Energy for a gas-firmed hybrid renewable power station at its Mt Weld mine, aiming for up to 70% renewable energy and significant emissions reductions.
ASX
370 days, 4 hours ago 
LYC
Lynas Rare Earths Limited
Date of Quarterly Report and Briefing
Lynas Rare Earths Ltd will announce their quarterly results for the period ending June 30, 2024 on the morning of Tuesday, July 23, 2024.
ASX
375 days, 13 hours ago 
LYC
Lynas Rare Earths Limited
Update on Kalgoorlie Acid Supply Arrangements
Lynas Rare Earths Ltd has announced contingency plans for acid supply to its Kalgoorlie facility following BHP's temporary suspension of nickel operations in Western Australia.
Delay expected
 
ASX
390 days, 13 hours ago 
LYC
Lynas Rare Earths Limited
Lynas Malaysia to Produce Separated Heavy Rare Earths
Lynas Rare Earths plans to produce separated Dysprosium and Terbium at its Malaysian facility by CY25, enhancing its product range to meet the growing demand for high-performance magnets and electronic devices.
ASX
397 days, 12 hours ago 
LYC
Lynas Rare Earths Limited
Rare Earths Industry Association Conference Presentation
Lynas Rare Earths outlines its sustainable strategies for the rare earths industry, emphasizing responsible production, supply chain resilience, and ESG commitments amid evolving market dynamics.
Worse than expected
 
Delay expected
 
ASX
454 days, 13 hours ago 
LYC
Lynas Rare Earths Limited
Quarterly Activities Report
Lynas Rare Earths reports lower Q3 FY24 revenue due to low NdPr prices and strategic inventory holding, but production remains strong and expansion projects are progressing.
Worse than expected
 
Delay expected
 
ASX
468 days, 4 hours ago 
LYC
Lynas Rare Earths Limited
Date of Quarterly Report and Briefing
Lynas Rare Earths Ltd will release its quarterly results for the period ending March 31, 2024, on April 24, 2024, and host a briefing on the same day.
LYC 
Lynas Rare Earths Limited 
ASX

Update on Kalgoorlie Acid Supply Arrangements

Sentiment:
 
 11 July 2024 6:25 PM

Lynas Rare Earths Ltd has announced contingency plans for acid supply to its Kalgoorlie facility following BHP's temporary suspension of nickel operations in Western Australia.

Delay expected
  ASX:LYC announces a delay. 

Summary
  • Lynas Rare Earths Ltd has a contract with BHP for sulfuric acid supply to its Kalgoorlie facility until June 30, 2027.
  • BHP's recent announcement to temporarily suspend its Western Australia Nickel operations from October 2024 will affect acid supply from the Kalgoorlie nickel smelter.
  • BHP is committed to using reasonable efforts to supply imported acid to Lynas, as per the contract.
  • Lynas and BHP are finalizing contingency plans for continued acid supply to the Kalgoorlie facility.
  • Sulfuric acid is available for purchase on global markets.
Sentiment

Score:

Explanation:

Positives
  • Lynas has a contract with BHP for sulfuric acid supply until June 30, 2027.
  • BHP is committed to using reasonable efforts to supply imported acid to Lynas.
  • Lynas and BHP are working together on contingencies for continued acid supply.
  • Sulfuric acid is available for purchase on global markets.
Negatives
  • BHP's temporary suspension of its Western Australia Nickel operations from October 2024 will affect acid supply from the Kalgoorlie nickel smelter.
Key Dates
  • October 2024: BHP's Western Australia Nickel operations will be temporarily suspended.
  • June 30, 2027: The initial term of the contract between Lynas and BHP for Sulphuric Acid supply ends.
  • July 12, 2024: Date of the announcement by Lynas Rare Earths Ltd
  • July 11, 2024: Date of the announcement by BHP regarding the temporary suspension of Western Australia Nickel operations
Keywords
LYC 
Lynas Rare Earths Limited 
ASX
Sector: Materials
 
Filings with Classifications
Better than expected
17 June 2025 6:36 PM
Production Update
  • The successful first production of Terbium Oxide represents a significant expansion of Lynas' product capabilities and a positive operational milestone.
Worse than expected
26 February 2025 11:03 PM
Results Presentation
  • The company reports a profit in a challenging market, implying that the results were worse than expected.
Better than expected
25 February 2025 4:04 PM
Results Presentation
  • NdPr production increased by 23% compared to 1H FY24.
  • Sales revenue increased by 8% compared to 1H FY24.
Worse than expected
25 February 2025 4:04 PM
Interim Financial Report
  • The results were worse than expected due to a significant decrease in net profit, driven by lower rare earth prices and increased production costs.
Worse than expected
25 February 2025 4:04 PM
Half Year Report
  • The net profit after tax decreased significantly from $39.5 million to $5.9 million, indicating a worse financial performance compared to the previous year.
Worse than expected
16 January 2025 4:43 PM
Quarterly Report
  • Production volumes were lower than planned due to issues with impurities in the MREC feedstock and the annual processing limit in Malaysia.
Delay expected
16 January 2025 4:43 PM
Quarterly Report
  • The chemical inputs required for the treatment of MREC impurities were not available until December 25th, causing a delay in production.
Better than expected
26 November 2024 5:25 PM
Annual General Meeting Presentation
  • The significant increase in Mt Weld Mineral Resources and Ore Reserves, coupled with the successful completion of major projects and cost reductions, indicate results better than might have been expected.
Delay expected
26 November 2024 5:25 PM
Annual General Meeting Presentation
  • Site works at the US facility are on hold due to a wastewater permitting issue.
Worse than expected
29 October 2024 5:24 PM
Quarterly Report
  • Rare earth prices remained low throughout most of Q1 FY25, resulting in lower than expected sales revenue compared to previous quarters.
Delay expected
29 October 2024 5:24 PM
Quarterly Report
  • A permitting issue related to wastewater management has put a hold on earthworks for the U.S. Rare Earths Processing Facility.
Worse than expected
10 October 2024 5:27 PM
ESG Report
  • The net profit after tax was significantly lower than the previous year, indicating worse than expected financial performance.
Worse than expected
10 October 2024 5:26 PM
Annual Report
  • The net profit after tax decreased significantly from $310.7 million in FY23 to $84.5 million in FY24, primarily due to lower rare earth prices and reduced production volumes.
Delay expected
10 October 2024 5:26 PM
Annual Report
  • Earthworks for the planned U.S. Rare Earths Processing Facility have been delayed until a permitting issue related to wastewater management is resolved, which is unlikely to happen before the end of 2024.
Better than expected
4 August 2024 8:02 PM
Company Presentation
  • The company announced a 92% increase in Mineral Resources and a 63% increase in Mt Weld Ore Reserves.
Better than expected
4 August 2024 6:18 PM
Resource and Reserve Update
  • The Mineral Resources and Ore Reserves have increased significantly compared to the 2018 estimates.
  • The contained Dysprosium oxide in Ore Reserves has increased substantially.
  • The updated Ore Reserve supports a longer mine life at expanded production rates.
Worse than expected
22 July 2024 6:11 PM
Quarterly Report
  • The company's REO and NdPr production were lower than the previous quarter.
Delay expected
22 July 2024 6:11 PM
Quarterly Report
  • Completion of Stage 2 of the Mt Weld Expansion Project is now expected by the end of FY25.
  • Delays in receiving concentrate due to disturbances to the global shipping industry and kiln maintenance shutdowns impacted downstream production.
Delay expected
11 July 2024 6:25 PM
Missing type for ID: 3288
  • ASX:LYC announces a delay.
Worse than expected
19 June 2024 7:32 PM
Investor Presentation
  • Pricing at surprisingly low levels following strong production growth inside China.
Delay expected
19 June 2024 7:32 PM
Investor Presentation
  • Many new rare earth projects have stalled.
Worse than expected
23 April 2024 6:19 PM
Quarterly Report
  • The Q3 FY24 revenue was significantly lower than the previous year due to lower NdPr prices and the decision to hold inventory.
Delay expected
23 April 2024 6:19 PM
Quarterly Report
  • The commissioning timeline for the Kalgoorlie facility has been extended, leading to a budget increase.

Disclaimer: This summary was generated by artificial intelligence and its accuracy is not guaranteed. The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.