The largest producer of rare earths outside China, the Australian company Lynas, presented its figures for the first quarter of the 2025 financial year on Wednesday (PDF). The company reported a nearly six percent decline in revenue compared to the same period last year, totaling approximately $79 million (AUS$120 million). As in the last quarter, Lynas pointed to the currently low price level for its products. However, it was noted that by the end of the quarter, an improvement had begun to emerge, at least for neodymium-praseodymium.
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