Australian company posts nearly $300mn in revenue for first half
The Kalgoorlie Rare Earths Processing Facility is seen in an aerial view in Western Australia. (Photo from Lynas website)
SHAUN TURTON
February 26, 2026 12:39 JST
CANBERRA — Stronger rare-earth prices helped Australia’s Lynas deliver a major profit boost, as moves by Western governments to secure supplies outside of China “reshape the market” for the materials used in an array of technologies.