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Lynas Posts Q1 NdPr Production Of 1,342 Tonnes
Lynas Confirms Appointment Of Chair-Elect Kathleen Conlon Will Be Effective Sept 30
Lynas Completes Placement & Institutional Entitlement Offer To Raise About A$311 Mln
Lynas Corporation Ltd is an Australia-based company engaged in integrated extraction and processing of rare earth minerals, primarily in Australia and Malaysia, and development of rare earth deposits. The Company’s assets include Mt Weld, Mt Weld Concentration Plant and Lynas Malaysia. Mt Weld is a rare earths mine, located approximately 35 kilometer (km) south of Laverton in Western Australia. Mt Weld Concentration Plant is located approximately 1.5km from the mine site. Lynas Malaysia is an integrated manufacturing facility, separating and processing rare earths materials, located in the Gebeng Industrial Estate near the Port of Kuantan in Malaysia. Its subsidiaries include Lynas Malaysia Sdn Bhd and Lynas Services Pty Ltd.
East Perth, L 1 7 Tully Rd
Kathleen Marie Conlon
Non-Executive Chairman of the Board
Amanda Margaret Lacaze
Chief Executive Officer, Managing Director, Executive Director
Chief Financial Officer
Pol Le Roux
Vice President - Sales and Marketing
Mimi Afzan Afza
Vice President - People and Culture
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Australian rare earths producer Lynas Corp Ltd posted a smaller-than-expected annual loss on Monday and outlined plans to raise A$425 million ($304.94 million) to fund construction of an ore processing plant in Australia.
Australian rare earths producer Lynas Corp Ltd posted an annual loss on Monday, hurt by a temporary coronavirus-linked closure of its Malaysian processing plant and lower market prices.
Rare earth producer Lynas Corp <LYC.AX> said on Monday it signed a contract with the U.S. Department of Defense to begin initial design work for its heavy rare earth separation facility in Texas that the Pentagon is providing initial funding for.
* Rare earths demand hit by COVID-19 - Lynas (Adds restart details, Pentagon funding response, and details of demand)
Australian rare earth miner Lynas Corp said on Tuesday chairman Mike Harding intends to retire by September 30 after more than five years in the role.
Lynas Corp on Friday said it has complied with Australian Securities Exchange's disclosure rules in response to an exchange letter asking the miner about its disclosures on the funding of a rare earths processing plant in the United States.
Lynas Corp, the largest producer of rare earths outside China, said on Monday its processing plant in Malaysia will restart later in the day at about a 70% production rate.
Rare earths producer Lynas Corp said on Friday it will reopen its processing plant in Malaysia at the start of next week as the Southeast Asian nation eases restrictions imposed since March to control the spread of the coronavirus.
Australian shares rose on Thursday as risk appetite was whetted by a rebound in oil prices and hopes that global central banks would unleash more stimulus to cushion the economic blow from the coronavirus pandemic.
Lynas Corp <LYC.AX> said on Wednesday the U.S. military will give it initial funding for a heavy rare earths separation facility in Texas as part of Washington's push to secure domestic supply of the essential minerals that China currently dominates.
Lynas Corp said on Wednesday the U.S. military chose it for the initial funding for a U.S.-based rare earths separation facility as part of Washington's push to secure domestic supply of the essential minerals that China currently dominates.
Rare earths producer Lynas Corp said on Monday it closed its processing plant in Malaysia temporarily after the government introduced strict measures to curtail the spread of the coronavirus.
Australian miner Lynas Corp <LYC.AX> is talking to customers about the risks of relying too heavily on China for rare earth supplies in the wake of disruptions from the new coronavirus outbreak, the company's CEO said on Friday.
* Shares of Australian company close up 8% (Changes sourcing, adds details throughout)
Australia's Lynas Corp <LYC.AX> posted a 7.4% rise in quarterly revenue on Friday as higher demand for rare earth elements countered weaker prices and the miner said it was on track to get its processing license renewed by Malaysia in March.
Australia's Lynas Corp on Friday said it would submit a compliant tender in response to the U.S. Department of Defense's call for proposals to build a heavy rare earths separation plant in the United States.
Australian rare earths miner Lynas Corp said on Monday it had picked outback town Kalgoorlie as the site for a new initial ore processing plant to extract low-level radioactivity from materials to be shipped to Malaysia for final treatment.
Australia's Lynas Corporation expects to make an announcement on how it will fund development of a new heavy rare earths processing facility in the United States by the end of February, its chief executive said on Tuesday.
Australian rare earths producer Lynas Corp said on Friday it signed an agreement with the outback town of Kalgoorlie to explore a potential initial ore processing site as it tries to soothe concerns in Malaysia about radioactive waste.
* Texas not sole possible location for heavy rare earths plant
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