Oct 27 (Reuters) - Lynas Rare Earths Ltd (LYC) :
- QTRLY TOTAL REO PRODUCTION 3,500 TONNES VERSUS 3,166 TONNES REPORTED A YEAR AGO
- QTRLY NDPR PRODUCTION 1,045 TONNES VERSUS 1,255 TONNES REPORTED A YEAR AGO
- QTRLY SALES REVENUE A$163.8 MILLION VERSUS A$121.6 MILLION REPORTED A YEAR AGO
- MT WELD TARGETING PRODUCTION OF 12,000 TONNES/ANNUM (TPA) FINISHED NDPR OXIDE
- CONTINUED TO FACE SIGNIFICANT OPERATIONAL CHALLENGES INCLUDING A COMPLETE OUTAGE OF WATER SUPPLY IN MALAYSIA
- EQUIPMENT FAILURE EXPERIENCED BY LOCAL WATER SUPPLIER TO MALAYSIAN FACILITY RESULTED IN ABOUT 16 DAYS OF LOST PRODUCTION DURING QUARTER
- FORECAST A PROJECT COST INCREASE OF ABOUT 15% OVER INITIAL A$500 MILLION PROJECT BUDGET ESTIMATE FOR KALGOORLIE
- FY23 FULL YEAR PRODUCTION IS ANTICIPATED TO REMAIN CONSISTENT WITH THAT ACHIEVED IN FY22 AT MALAYSIA PLANT
News: LYC Lynas Posts Qtrly Sales Revenue Of A$163.8 Million
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