Lynas Posts Massive Production Increase

Lynas (ASX:LYC) Corporation has tripled its production in December from the previous quarter, Australian Mining reported.

Total ‘ready for sale’ production during the [December] quarter was 741 tonnes, on an REO equivalent basis, approximately thee times the production of 253 tonnes in the September quarter,” Lynas said in a company statement.

During the quarter it shipped 409 tonnes of rare earth product, 87% higher than the previous quarter.

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