Reported about 15 hours ago
Lynas Rare Earths reported a third-quarter revenue of A$123 million, significantly below market expectations of A$155.7 million, primarily due to declining rare earth prices and increased global trade volatility. Despite a year-on-year revenue increase of 22%, the company's outlook suggests continued market instability influenced by new tariffs and export controls from China and the U.S.
Source: YAHOO