LYSCF - Lynas Corporation Limited

Other OTC - Other OTC Delayed Price. Currency in USD
1.7300
+0.0100 (+0.58%)
As of 3:39PM EDT. Market open.
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Previous Close1.7200
Open1.7800
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range1.7100 - 1.7800
52 Week Range1.0500 - 2.2900
Volume148,138
Avg. Volume125,042
Market Cap1.173B
Beta (3Y Monthly)-0.57
PE Ratio (TTM)28.36
EPS (TTM)0.0610
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Thomson Reuters StreetEvents

    Edited Transcript of LYC.AX earnings conference call or presentation 29-Aug-19 10:59am GMT

    Full Year 2019 Lynas Corporation Ltd Earnings Call

  • Malaysia defends move to extend licence for rare earth firm Lynas
    Reuters

    Malaysia defends move to extend licence for rare earth firm Lynas

    Malaysia's government said on Wednesday its decision last month to extend a licence for Australia's Lynas Corp for processing rare earth minerals aimed to show investors that the Southeast Asian nation was open for business and preserve 600 jobs. Some politicians within Prime Minister Mahathir Mohamad's ruling coalition had promised to halt the firm's operations when campaigning in the May 2018 election, after concerns were raised by politicians and activists about the production of radioactive waste from the process.

  • Reuters

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

    Australian rare earths producer Lynas Corp posted a 50% jump in annual profit on Thursday on record production, and said it is still to decide on a site for a planned heavy rare earths processing plant. Lynas, the largest rare earths producer outside China, reported net profit of A$80.0 million ($54.0 million) for the year to June 30, up from A$53.1 million a year ago. The result comes amid an increased focus on the sector's supply chain due to concerns that China may use its dominant position in rare earths as a tool in its trade war with the United States.

  • Thomson Reuters StreetEvents

    Edited Transcript of LYC.AX earnings conference call or presentation 29-Jul-19 12:00am GMT

    Q4 2019 Lynas Corporation Ltd Earnings Call

  • Malaysia extends licence for rare earth miner Lynas' operations for six months
    Reuters

    Malaysia extends licence for rare earth miner Lynas' operations for six months

    Malaysia on Thursday renewed the operating licence for a rare earths processing plant owned by miner Lynas Corp for six months with new conditions, an extension shorter than investors and industry analysts had expected. The Australian-listed firm is the only major proven producer of rare earths outside China, and the decision to renew its licence comes as markets are concerned that the industry may get embroiled in the trade war between Beijing and Washington. Under the conditions imposed by Malaysia, Lynas will have to identify a site for a permanent facility to store its low-level radioactive waste within six months or obtain consent from another country to take the waste.

  • Malaysia PM says cannot force rare earths firm Lynas to leave country
    Reuters

    Malaysia PM says cannot force rare earths firm Lynas to leave country

    Malaysia cannot force rare earths miner Lynas Corp to leave despite opposition from some people who fear the risk of radioactivity from waste at the firm's processing plant, the nation's state news agency cited the prime minister as saying. The Australian company has been running the plant in Malaysia since 2012 using rare earths mined from Mount Weld in Western Australia. The Malaysian government is expected to make a decision on renewing its operating licence by mid-August.

  • Exclusive: Malaysia plans to extend licence for rare earths producer Lynas - sources
    Reuters

    Exclusive: Malaysia plans to extend licence for rare earths producer Lynas - sources

    Malaysia plans to extend Lynas Corp's licence to operate a rare earths processing plant, though it could be for a shorter duration than the usual three years, two sources with direct knowledge of the matter said. The Australian company has been running the plant in Malaysia since 2012 using rare earths mined from Mount Weld in Western Australia, despite a dispute over the removal of low-level radioactive waste produced by the plant. A decision to extend the licence by a Sept. 2 deadline is important for the market for rare earths, as Lynas is the biggest producer outside China.

  • Reuters

    Rare earth producer Lynas Corp revenue falls 4.6% in June quarter

    Lynas, the largest rare earths producer in the world outside of China, said in June it was stockpiling production of a major rare earth element, at a time when markets are concerned that Beijing may use the minerals as a weapon in its trade war with the United States. Sales revenue for the June quarter was A$87.5 million ($60.5 million), lower than the A$91.7 million it earned for the same period last year, the company said in a statement. Lynas sales were hit by a lower average selling price for Neodymium Praseodymium (NdPr), which is used to make permanent magnets for electric vehicles and wind turbines.

  • Thomson Reuters StreetEvents

    Edited Transcript of LYC.AX earnings conference call or presentation 22-Jan-19 1:00am GMT

    Q2 2019 Lynas Corporation Ltd Earnings Call

  • Thomson Reuters StreetEvents

    Edited Transcript of LYC.AX earnings conference call or presentation 16-Apr-19 12:00am GMT

    Q3 2019 Lynas Corporation Ltd Earnings Call

  • Reuters

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

    Australia's Lynas Corp said it was stockpiling production of a major rare earth element, with prices jumping in recent weeks as supply concerns mount amid trade tensions between China and the United States. The miner said its decision to stockpile Neodymium Praseodymium (NdPr), used in industrial magnets, for "strategic customers" was to help it consolidate its position as a preferred supplier to customers outside China.

  • Reuters

    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. Lynas, the only major proven producer outside China of rare earths, said its decision will allow it to consolidate its position as a preferred supplier.

  • We All Need to Calm Down About Rare Earths
    Bloomberg

    We All Need to Calm Down About Rare Earths

    Back in 2010, China cut off exports of the minerals to Japan when the two governments were in dispute over ownership of some islands east of Taiwan. The truth, however, is that rare earths are a paper tiger. As we wrote last week, the 2010 case backfired spectacularly for China.

  • Reuters

    Malaysia to let Australia's Lynas continue running rare earths plant - PM Mahathir

    Malaysian Prime Minister Mahathir Mohamad said on Thursday that his country will allow Australian rare earths producer Lynas Corp to keep operating a processing plant in the country. Mahathir's comments remove the uncertainty that had been hanging over the future of Lynas' $800 million plant after Malaysia halted the process for renewing its licence because of waste disposal concerns. Lynas is the only significant producer outside China of rare earths, the name for a group of 17 metals used in batteries, computers, televisions and smartphones.

  • China ready to hit back at U.S. with rare earths: newspapers
    Reuters

    China ready to hit back at U.S. with rare earths: newspapers

    China is ready to use rare earths to strike back in a trade war with the United States, Chinese newspapers warned on Wednesday in strongly worded commentaries on a move that would escalate tensions between the world's two largest economies. President Xi Jinping's visit to a rare earths plant last week had sparked speculation that China would use its dominant position as an exporter of rare earths to the United States as leverage in the trade war. Rare earths are a group of 17 chemical elements used in everything from high-tech consumer electronics to military equipment.

  • Benzinga

    Rare Earths Weaponization: It's A Thing And It's Lifting This ETF

    The latest market segment to take center stage in the U.S.-China war is the rare earths space. On Monday, Chinese President Xi visited a rare earths facility Ganzhou, Jiangxi province. Ganzhou is one of China's most rare earths-rich regions and, overall, the country dominates the export market for these minerals.

  • Reuters

    Australia's Lynas to spend $345 million on production boost, processing plant

    The plan also includes investing in its processing facility in Malaysia, where Lynas is facing problems in getting license renewals for its plant due to concerns over waste storage. The world's only major producer of rare earths outside China has been considering initial ore processing near its Australian mine. Malaysia's Prime Minister said in April that companies would need to clean raw materials in order to operate.

  • Reuters

    Australia's Lynas to invest $345.5 million to boost production, establish processing plant

    (Reuters) - Rare earths producer Lynas Corp said on Tuesday it plans on spending A$500 million ($345.50 million) by 2025 to boost production and establish an initial processing facility in Western Australia, ...