Lynas Grows Revenue on Strong Rare Earth Pricing Despite Production Hit and CEO Transition

The latest update is out from Lynas Rare Earths ( (AU:LYC) ).

Lynas Rare Earths reported quarterly gross sales revenue of A$201.9 million and sales receipts of A$185 million for the December 2025 quarter, with closing cash and short-term deposits of A$1.03 billion, despite total rare earth oxide production falling to 2,382 tonnes and NdPr output dropping about 30% from the prior quarter due to power disruptions in Kalgoorlie and planned maintenance in Malaysia. Improved pricing for NdPr, stronger benchmark prices across products, and new DyTb-linked contracts helped lift invoiced revenue slightly over the previous quarter and 43% year-on-year, while the company completed kiln maintenance in Malaysia, stabilised power in Kalgoorlie, advanced an off-grid energy solution there, finished commissioning its Mt Weld expansion and hybrid renewable power station, and began work on an expanded heavy rare earths separation circuit in Malaysia, all against the backdrop of CEO Amanda Lacaze’s planned retirement at the end of the financial year and ongoing focus on safety performance.

The most recent analyst rating on (AU:LYC) stock is a Buy with a A$17.55 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.

More about Lynas Rare Earths

Lynas Rare Earths is a producer of separated rare earth materials, focusing on key products such as neodymium-praseodymium (NdPr) and heavy rare earths including dysprosium and terbium (DyTb), supplied primarily to advanced manufacturing and technology markets. The company operates mining and processing assets at Mt Weld in Western Australia, a processing facility in Kalgoorlie, and a major separation plant in Kuantan, Malaysia, and is increasingly integrating renewable energy solutions into its operations.

YTD Price Performance: 30.87%

Average Trading Volume: 9,507,805

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$15.58B

For an in-depth examination of LYC stock, go to TipRanks’ Overview page.