Lynas Rare Earths revenue jumps 43 percent as prices offset production slump

Lynas Rare Earths reported a 43 percent revenue increase driven by a 74 percent jump in prices. This growth offset a production decline in Western Australia.

Insights:
Lynas Rare Earths Limited reported on January 21, 2026, that its second-quarter revenue surged by 43 percent to reach A$201.9 million, equivalent to $135.98 million USD, for the period ending December 31, 2025. This result is a substantial increase from the A$141.2 million in revenue reported for the same quarter the previous year. The company, which is the world's largest producer of rare earths outside of CN CNCN, achieved this growth as the average selling price for its product range jumped to A$85.6 per kilogram. This represents a 74 percent increase from the A$49.2 per kilogram average recorded a year ago.
A small toy figure and mineral imitation are seen in front of the Lynas Rare Earths logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration
A small toy figure and mineral imitation are seen in front of the Lynas Rare Earths logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration
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