Original article by Mark Wembridge
The Australian Financial Review – Page: Online : 22-Apr-26

Lynas Rare Earths has advised that its sales revenue was 115 per cent higher year-on-year in the March quarter, at $265m. MD Amanda Lacaze says Lynas’s direct sales to customers helped it to sidestep the "dysfunctional" spot market. Lynas produced 3,233 tonnes of rare earths during the period, which is 69 per cent higher than previously. The average selling price across its rare earths was $84.60 a kilogram, which is 70 per cent higher than the same period in 2025. Lacaze notes that the use of renewable energy at its Mount Weld mine in Western Australia reduced its use of diesel fuel by 870,000 litres during the quarter.

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LYNAS RARE EARTHS LIMITED – ASX LYC