Company News Summary | 27 Aug 2021

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Lynas Rare Earths Reports FY 2021 Financial Results

08:08:00 | Associate analysts

Original annuncemenet:FY21 Financial Results Announcement

Lynas Rare Earths announced results for the period ended 30 June 2021. It reported Progress on the Lynas 2025 projects continued during the financial year and a number of milestones were achieved, including further exploration of Mt Weld resource. The Net Profit is $157.1m; Revenue is $489.0m, with record sales achieved in the June 2021 quarter and EBIT of $169.5m.

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