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Lynas Rare Earths
(Sydney:LYC)
Lynas Rare Earths (LYC) vs. iShares MSCI Australia ETF (EWA)
Lynas Rare Earths Business Overview & Revenue Model
Lynas Rare Earths Earnings Call Summary
Lynas Rare Earths Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 556.51M | 542.66M | 464.45M | 739.28M | 920.01M | 489.02M |
| Gross Profit | 129.82M | 179.21M | 184.46M | 325.60M | 571.63M | 179.48M |
| EBITDA | 45.54M | 116.30M | 172.44M | 416.61M | 607.80M | 239.28M |
| Net Income | 7.99M | 7.99M | 84.51M | 310.67M | 540.82M | 157.08M |
Balance Sheet | ||||||
| Total Assets | 2.94B | 2.94B | 2.80B | 2.64B | 2.06B | 1.48B |
| Cash, Cash Equivalents and Short-Term Investments | 166.49M | 166.49M | 523.84M | 1.01B | 965.58M | 680.83M |
| Total Debt | 202.05M | 202.05M | 183.98M | 190.35M | 190.46M | 173.19M |
| Total Liabilities | 591.51M | 591.51M | 562.12M | 475.27M | 416.02M | 394.17M |
| Stockholders Equity | 2.35B | 2.35B | 2.24B | 2.16B | 1.65B | 1.08B |
Cash Flow | ||||||
| Free Cash Flow | -326.66M | -326.66M | -544.38M | -183.65M | 271.16M | 170.69M |
| Operating Cash Flow | 104.17M | 104.17M | 34.96M | 411.87M | 457.46M | 211.14M |
| Investing Cash Flow | -425.43M | -406.19M | -507.22M | -585.86M | -87.54M | -140.76M |
| Financing Cash Flow | -38.96M | -45.30M | -22.54M | 205.25M | -7.26M | 412.02M |
Lynas Rare Earths Technical Analysis
Lynas Rare Earths Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| ― | $15.38B | 1,776.74 | 0.34% | ― | 20.12% | -90.49% | |
| ― | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
| ― | AU$237.04M | -7.75 | -12.73% | ― | 2.00% | 8.82% | |
| ― | AU$822.40M | ― | -13.10% | ― | ― | 82.10% | |
| ― | $392.79M | ― | ― | ― | ― | 32.73% | |
| ― | AU$395.66M | -26.17 | -179.67% | ― | -100.00% | -6.00% | |
| ― | ― | ― | ― | ― | ― | 44.66% |
Lynas Rare Earths Corporate Events
Lynas Rare Earths Ltd has announced plans to establish a new Heavy Rare Earth separation facility in Malaysia to meet the growing demand for non-Chinese sources of Heavy Rare Earth oxides. The facility, with a processing capacity of up to 5,000 tonnes per annum, will enhance Lynas’ production capabilities and strengthen its market position. The project, costing approximately A$180 million, will be self-funded and is expected to begin production in April 2026. This expansion is part of Lynas’ growth strategy and aims to cater to high-demand sectors such as electronics, providing customers with a broader range of separated Heavy Rare Earth products.
The most recent analyst rating on (AU:LYC) stock is a Hold with a A$18.50 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths announced it will release its quarterly results for the period ending 30 September 2025 on 30 October 2025. The announcement will be accompanied by a briefing hosted by CEO Amanda Lacaze, which will be accessible via webcast, indicating the company’s commitment to transparency and stakeholder engagement.
The most recent analyst rating on (AU:LYC) stock is a Hold with a A$18.50 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Limited has announced its 2025 Annual General Meeting (AGM) to be held on November 26, 2025, both in-person in Sydney and online. Key agenda items include the consideration of the FY25 Annual Financial Report, an advisory vote on the Remuneration Report, and the re-election of Vanessa Guthrie as a director. These proceedings are crucial for stakeholders as they address financial performance and leadership continuity, impacting the company’s strategic direction and governance.
The most recent analyst rating on (AU:LYC) stock is a Hold with a A$18.50 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Ltd has announced its new ‘Towards 2030’ strategy, following the completion of its Lynas 2025 growth plan. This strategy aims to optimize performance from previous investments and expand its business by increasing resource and scale, enhancing downstream capacity, and integrating further into the non-Chinese metal and magnet supply chain. The company also introduced a new non-executive director, Kathleen Bozanic, and detailed plans for its upcoming Annual General Meeting, which will be accessible both in-person and online.
The most recent analyst rating on (AU:LYC) stock is a Hold with a A$18.50 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths has released its 2025 Sustainability Report, highlighting its commitment to sustainable practices across its operations. The report outlines the company’s efforts in governance, ethical behavior, risk management, and community engagement, emphasizing its focus on environmental stewardship and social responsibility. This announcement underscores Lynas’ strategic positioning in the industry as it continues to prioritize sustainability, which is likely to enhance its reputation and stakeholder trust.
The most recent analyst rating on (AU:LYC) stock is a Hold with a A$18.50 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Limited has announced the appointment of Kathleen Bozanic as a new director, effective October 17, 2025. This appointment is part of the company’s ongoing efforts to strengthen its leadership team, which could have implications for its strategic direction and stakeholder relations.
The most recent analyst rating on (AU:LYC) stock is a Hold with a A$18.50 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Limited has announced the appointment of Ms. Kathleen Bozanic as an independent Non-Executive Director, effective from October 17, 2025. With over 30 years of experience in the resources sector, Ms. Bozanic’s expertise is expected to support Lynas’s growth strategy, ‘Towards 2030,’ and contribute to the company’s board renewal efforts.
The most recent analyst rating on (AU:LYC) stock is a Hold with a A$18.50 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths and Noveon Magnetics have signed a Memorandum of Understanding to form a strategic partnership aimed at establishing a domestic U.S. supply chain for rare earth permanent magnets. This collaboration seeks to address supply chain disruptions and meet the demand for critical applications in the defense and commercial sectors by providing a reliable and sustainable supply of high-performance magnets. The partnership will focus on developing a traceable and transparent supply chain, prioritizing national defense systems and critical infrastructure, and working with U.S. policymakers to ensure alignment with national interests.
The most recent analyst rating on (AU:LYC) stock is a Hold with a A$19.45 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Limited announced a change in the director’s interest, with Grant Bruce Murdoch acquiring 2,265 ordinary shares through G & M Murdoch Pty Ltd under a Share Purchase Plan. This transaction increases Murdoch’s indirect holdings to 163,272 ordinary shares, reflecting a strategic move to strengthen his investment in the company.
The most recent analyst rating on (AU:LYC) stock is a Buy with a A$18.90 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Limited announced a change in the director’s interest, with Director John Humphrey acquiring 2,265 ordinary shares, bringing his total to 72,265 shares. This acquisition under a Share Purchase Plan reflects a potential increase in confidence in the company’s future performance and may impact stakeholder perceptions positively.
The most recent analyst rating on (AU:LYC) stock is a Buy with a A$18.90 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Limited announced a change in the director’s interest, with John Beevers acquiring 2,265 ordinary shares through The Beevers Family Trust under a Share Purchase Plan. This acquisition increases his indirect holding to 30,052 shares, reflecting a strategic move that may influence investor perception and stakeholder confidence in the company’s governance and future prospects.
The most recent analyst rating on (AU:LYC) stock is a Buy with a A$18.90 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Limited announced the application for quotation of 13,779,092 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, potentially enhancing the company’s financial flexibility and market presence. The issuance of these securities may impact Lynas’s operational capabilities and its strategic positioning within the rare earth industry, offering potential benefits to stakeholders.
The most recent analyst rating on (AU:LYC) stock is a Hold with a A$13.50 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Ltd has successfully completed its Share Purchase Plan (SPP), raising approximately $182 million, significantly exceeding its initial target of $75 million. The funds will support the company’s ‘Towards 2030′ growth strategy, enhancing Lynas’ balance sheet and financial flexibility to expand its resource scale, increase downstream capacity, and enter the non-China metal and magnet supply chain.
The most recent analyst rating on (AU:LYC) stock is a Hold with a A$13.50 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Limited announced a change in the director’s interest, with Vanessa Ann Guthrie acquiring additional shares through the Stolz Guthrie Superannuation Fund. This acquisition reflects continued confidence in the company’s strategic direction and potential for growth, potentially impacting stakeholder perceptions positively.
The most recent analyst rating on (AU:LYC) stock is a Hold with a A$13.50 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Ltd has announced its 2025 Annual General Meeting, scheduled for November 26, 2025, at The Mint in Sydney and online via the Lumi platform. This meeting will provide shareholders with updates on company operations and strategic directions, with a closing date for director nominations set for October 8, 2025, potentially impacting company governance and future leadership.
The most recent analyst rating on (AU:LYC) stock is a Hold with a A$13.50 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Limited announced a change in the director’s interest, specifically involving Amanda Lacaze. The change includes the exercise of 148,675 Employee Performance Rights, resulting in the acquisition of an equal number of Ordinary Shares by the Morgan Lacaze Family Trust, while 193,206 Employee Performance Rights lapsed due to unmet performance conditions. This adjustment reflects the company’s ongoing management of executive incentives and could impact stakeholder perceptions regarding performance targets and executive compensation.
The most recent analyst rating on (AU:LYC) stock is a Sell with a A$9.35 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Limited announced the quotation of 672,840 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its market presence and provide liquidity for its stakeholders, potentially strengthening its position in the rare earths industry.
The most recent analyst rating on (AU:LYC) stock is a Sell with a A$9.35 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths has opened a Share Purchase Plan (SPP) for eligible shareholders in Australia and New Zealand, allowing them to purchase up to $30,000 of shares without transaction costs. This SPP, capped at $75 million, complements a recent $750 million institutional placement, with funds aimed at accelerating growth under the company’s Towards 2030 strategy. The strategy focuses on optimizing existing investments and expanding business operations, including increasing resource scale and downstream capacity.
The most recent analyst rating on (AU:LYC) stock is a Buy with a A$14.75 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Ltd has issued over 56 million fully paid ordinary shares to institutional investors as part of a placement announced earlier. This move is expected to strengthen the company’s financial position, potentially enhancing its operational capabilities and market influence in the rare earths sector.
The most recent analyst rating on (AU:LYC) stock is a Buy with a A$14.75 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Limited announced the quotation of 56,603,774 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of previously announced transactions. This move is likely to enhance the company’s market presence and provide additional liquidity, potentially impacting its operational capabilities and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:LYC) stock is a Buy with a A$14.75 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Limited’s recent earnings call paints a picture of robust performance, underscored by record-breaking production achievements and strategic progress in both upstream and downstream operations. Despite some concerns regarding pricing uncertainties and operational challenges, the overall sentiment remains optimistic due to the successful completion of significant projects and favorable market conditions.
Lynas Rare Earths has successfully completed a fully underwritten institutional placement, raising A$750 million through the issuance of approximately 56.6 million new shares. This capital will support Lynas’ ‘Towards 2030′ strategy, aimed at optimizing performance from recent capital investments and expanding its market presence in the rare earths sector. The placement, which was well-received by both existing and new investors, underscores Lynas’ strategic focus on growth and strengthening its market-leading position.
The most recent analyst rating on (AU:LYC) stock is a Hold with a A$12.50 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Limited is a leading company in the rare earths sector, specializing in the mining and processing of rare earth minerals, with operations primarily in Australia and Malaysia. The company is notable for being the only commercial producer of separated Heavy Rare Earths outside China.
Lynas Rare Earths Limited announced a proposed issue of securities, including a securities purchase plan and a placement, with a total of 62,264,152 ordinary fully paid securities to be issued. This move is likely aimed at raising capital to support the company’s operations and growth initiatives, potentially impacting its market positioning and offering new opportunities for stakeholders.
The most recent analyst rating on (AU:LYC) stock is a Buy with a A$12.85 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths has announced a fully underwritten equity raising of approximately A$750 million, alongside a non-underwritten share purchase plan aiming to raise up to A$75 million. The proceeds will support Lynas’ ‘Towards 2030′ strategy, which includes optimizing current investments and expanding resources, downstream capacity, and participation in the metal and magnet supply chain outside China. This financial move is expected to strengthen Lynas’ balance sheet and provide the flexibility needed to pursue its growth projects, thereby enhancing its market position and delivering returns for shareholders.
The most recent analyst rating on (AU:LYC) stock is a Buy with a A$12.85 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths announced its full-year 2025 financial results, highlighting the completion of its Lynas 2025 growth initiative, which included significant projects like the Mt Weld expansion and the Kalgoorlie Processing Facility integration. Despite a rise in annual revenue to $556.5 million due to increased NdPr production, the net profit after tax dropped to $8.0 million, affected by depreciation and lower production at the Kalgoorlie Facility. The company also launched its ‘Towards 2030’ strategy, supported by a $750 million equity raising, aimed at optimizing recent investments and exploring new growth opportunities, thereby strengthening its market position and operational capabilities.
The most recent analyst rating on (AU:LYC) stock is a Buy with a A$12.85 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Ltd reported a 20.1% increase in revenue from ordinary activities for the year ending June 2025, reaching $556.5 million. However, the company experienced a significant decline in profit, with net profit attributable to members dropping by 90.5% to $8 million. This decline in profitability, despite increased revenue, may impact the company’s operational strategies and stakeholder confidence moving forward.
The most recent analyst rating on (AU:LYC) stock is a Buy with a A$12.85 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Ltd has requested a trading halt on its securities pending an announcement related to an equity capital raising through an institutional placement and share purchase plan. This move is expected to impact the company’s financial strategy and market positioning, with the trading halt set to end upon the announcement of the placement’s completion or the commencement of trading on August 29, 2025.
The most recent analyst rating on (AU:LYC) stock is a Buy with a A$12.85 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Ltd is set to release its full-year financial results for the period ending June 30, 2025, on August 28, 2025. The announcement will be accompanied by a briefing hosted by CEO Amanda Lacaze, aimed at analysts and shareholders. This event is likely to provide insights into Lynas’s operational performance and strategic direction, potentially impacting investor confidence and market positioning.
The most recent analyst rating on (AU:LYC) stock is a Buy with a A$12.85 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Ltd has amended its recent ASX announcement to clarify that references to nameplate processing capacity are not intended as production targets or forecasts. The company also confirmed that the material assumptions and technical parameters from its previous Mineral Resource and Ore Reserve Statement remain unchanged, ensuring stakeholders of the consistency and reliability of its resource estimates.
The most recent analyst rating on (AU:LYC) stock is a Buy with a A$12.15 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.
Lynas Rare Earths Limited presented at the Diggers & Dealers Mining Forum, emphasizing its strategic position in the rare earth industry. The presentation highlighted the company’s ongoing projects and market strategies, underscoring potential risks and the importance of regulatory compliance. This announcement is significant as it reinforces Lynas’s commitment to maintaining its market leadership while navigating industry challenges.
The most recent analyst rating on (AU:LYC) stock is a Buy with a A$7.15 price target. To see the full list of analyst forecasts on Lynas Rare Earths stock, see the AU:LYC Stock Forecast page.