Jan 22 (Reuters) - Australia's Lynas Rare Earths (LYC) on Monday reported a 51.7% drop in second-quarter revenue reflecting a plunge in underlying prices coupled while a planned shutdown of its Malaysian operations which hurt output.
The world's largest producer of rare earths outside China said revenue fell to A$112.5 million ($74.06 million) in the three months to Dec. 31, 2023 compared with A$232.7 million a year ago.
($1 = 1.5191 Australian dollars)
News: LYC Australian rare-earths miner Lynas reports over 50% drop in Q2 revenue
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Last
$9.18 |
Change
0.050(0.55%) |
Mkt cap ! $8.549B | |||
| Open | High | Low | Value | Volume |
| $9.14 | $9.23 | $9.02 | $21.24M | 2.323M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 23152 | $9.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.18 | 4885 | 8 |
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| LYC (ASX) Chart |