SURFACE

Lynas buoyant despite Malay water woes

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.

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...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalogue of 2022 Initial Resource Estimates and recent discovery successes.