AT A GLANCE: Lynas sees rare earth demand recover; forecasts more Chinese competition

By William Clarke
Published: Wednesday, 21 April 2021

Rare earth miner Lynas reported recovering demand and higher prices in the first quarter of 2021, but warned that Chinese producers could increase production, in its quarterly results on Tuesday April 20.

Lynas revenues were A$110.0 million ($85.3 million) in the three months to March 31, 2021, compared with A$119.4 million in the same period of 2020.The company attributed the fall in sales revenue in part to a...

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