The Lynas Rare Earths Ltd (ASX: LYC) share price is in focus after the company reported quarterly gross sales revenue of $201.9 million, up 43% on the prior corresponding period, and an average selling price of $85.60/kg, reflecting firmer market conditions.
What did Lynas Rare Earths report?
- Gross sales revenue of $201.9 million for Q2 FY26, compared to $200.2 million in the prior quarter
- Sales receipts of $185.0 million, up from $171.3 million in Q1 FY26
- Closing cash and short term deposits of $1,030.9 million
- Total rare earth oxide (REO) production at 2,382 tonnes, with NdPr production at 1,404 tonnes
- Cash payments for capital expenditure, exploration, and development totalled $45.2 million
- Average selling price increased to $85.60/kg across all rare earth products
What else do investors need to know?
Lynas completed major kiln maintenance at its Malaysia facility in December, with operations safely restarting in January 2026. Power supply disruptions at the Kalgoorlie plant reduced production in the quarter, but electricity supply has now stabilised.
The company made good progress on its growth projects, with commissioning of the Mt Weld expansion project completed and its new flotation circuit ramping up. December saw 92% of Mt Weld’s electricity needs met by renewable energy, exceeding targets.
Lynas also began work on expanding heavy rare earth (HRE) separation at its Malaysia operation. The first production of Samarium is forecast for Q4 FY26, and detailed engineering of the full facility is underway.
What did Lynas Rare Earths management say?
CEO and Managing Director Amanda Lacaze said:
As shareholders will be aware from the announcement released on 13 January 2026, I have advised the Board of my intention to retire from my position as CEO and Managing Director at the end of the current financial year. I have been privileged to lead this company for the past 12 years and believe this is the right time to make the transition. I remain fully committed to my role, to continuing to deliver value for shareholders, and working to ensure a smooth transition.
What’s next for Lynas Rare Earths?
Looking ahead, Lynas aims to optimise production and recoveries at its Mt Weld facility and advance its heavy rare earth separation projects in Malaysia and the United States. The company continues to develop new supply chain partnerships, particularly outside China, as part of its 2030 growth strategy.
With CEO Amanda Lacaze retiring at the end of the financial year, the board has launched a search process for her successor. Lynas is focused on ensuring a smooth leadership transition and maintaining its position as a leading supplier of rare earths.
Lynas Rare Earths share price snapshot
Over the past 12 months, Lynas Rare Earths shares have risen 122%, significantly outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.
The post Lynas Rare Earths reports 43% sales growth, CEO to retire appeared first on The Motley Fool Australia.
Should you invest $1,000 in Lynas Rare Earths Ltd right now?
Before you buy Lynas Rare Earths Ltd shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Lynas Rare Earths Ltd wasn’t one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
* Returns as of 1 Jan 2026
.custom-cta-button p {
margin-bottom: 0 !important;
}
More reading
- Vault Minerals delivers strong gold production and cash flow in December quarter
- Paladin Energy lifts uranium output and sales in December quarter
- Evolution Mining posts record cash flow in December quarter
- Rio Tinto posts strong 2025 Q4 production results
- Meridian Energy reports record hydro inflows and rising customer growth
Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Lynas Rare Earths Ltd. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.
Leave a Reply