Original article by Glenda Korporaal
The Australian – Page: 17 & 28 : 6-Mar-18
Lynas Corporation has posted a 2017-18 interim profit of $A63m, compared with a $A19.3m loss for the previous corresponding period. Revenue was up 75 per cent at $A200.9m, while the rare earths miner reduced its debt to $US256.5m. CEO Amanda Lacaze says the Federal Government’s proposed collaboration with the US on the development of rare earths is positive for the local industry, adding that Lynas has contacted the office of Prime Minister Malcolm Turnbull regarding the issue.
LYNAS CORPORATION LIMITED – ASX LYC, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT