LYNAS Rare Earths produced 1579 tonnes of neodymium-praseodymium and a total of 3650t of rare earth oxide in 2022’s final quarter, with tonnage down 26% on the previous quarter due to ongoing and unpredictable water supply interruptions from its local supplier in Malaysia.
Mt Weld open cut mine as at 6 July 2022 showing Campaign 4 cutback on the right-hand side.
In a release to the Australian Securities Exchange Lynas reported quarterly sales revenue of $294.5 million was down 10% on the previous quarter, although sales receipts of $351 million bucked the trend...
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