Lynas revenue rises as REE prices edge up
Published: Tuesday, 24 January 2017
The company hopes that upticks in lanthanum and cerium prices, which benefitted it during the quarter, may spread to other rare earth elements.
Australian rare earths producer Lynas
Corp. reported a 21% increase in invoiced sales revenue in the
December quarter as sales volumes and prices climbed.
The company, which continues to struggle amid low prices for
the mineral grouping, invoiced for Australian dollar (A$) 65m
($49m) in sales and was upbeat about the results,...