CAPITAL MARKETS

Lynas powers ahead

LYNAS Rare Earths has reported a record profit for the year of A$157 million on the back of revenue of $489 million and EBITDA of $235 million.

Amanda Lacaze

Amanda Lacaze

That compared to a loss of $19 million last year, when revenue of $305 million was received and EBITDA totalled $60 million. Cash at June 30 increased $579 million year-on-year, underpinned by an equity...

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