Lynas interim profit doubles on strong gold production

LYNAS Corporation has posted a 100% increase in net profit for the first half to $2.03 million on the back of its 35%-owned Paraburdoo gold mine in Western Australia.

The result, which compared with a $1.011 million net profit for the previous corresponding period, was struck on a 13% increase in sales revenue to $7.57 million.

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