Aug 27 (Reuters) - Australia's Lynas Rare Earths (LYC) posted a record full-year profit on Monday, bouncing back from losses a year earlier, as demand for the specialized metals it mines boomed amid easing COVID-19 curbs.
The world's biggest rare earths miner outside China said profit after tax came in at A$157.1 million ($113.74 million) for the year ended June 30, compared with a loss of A$19.4 million a year earlier. ($1 = 1.3812 Australian dollars)
News: LYC Australia's Lynas posts record annual profit as demand recovers
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Last
$12.22 |
Change
0.055(0.45%) |
Mkt cap ! $11.37B | |||
| Open | High | Low | Value | Volume |
| $12.00 | $12.25 | $11.94 | $5.365M | 446.8K |
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| 10 | 1372 | $12.21 |
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| LYC (ASX) Chart |