Lynas Rare Earths
Lynas Rare Earths (ASX: LYC) is a publicly traded Critical Minerals & Mining Tech company founded in 1983 and based in Perth, Australia.
Lynas Rare Earths was founded in 1983 and is headquartered in Perth, Australia. The company mines rare earth concentrate at Mt Weld, produces mixed rare earth carbonate at its Kalgoorlie facility in Western Australia, and separates the carbonate into individual oxides at its Lynas Advanced Materials Plant in Kuantan, Malaysia. Its product lines include NdPr oxide, used in NdFeB permanent magnets for electric vehicle traction motors, wind turbine generators and industrial motors, and heavy rare earth oxides of dysprosium and terbium, which add high-temperature performance to those magnets. Revenue derives from sales of these oxides to magnet makers and chemical traders, and from intermediate carbonate shipments to processing partners. The company is listed on the ASX under the ticker LYC. Its interim Chief Executive Officer is Pol Le Roux and its Chief Financial Officer is Gaudenz Sturzenegger.
Lynas operates a linked mining and separation chain spanning Western Australia and Malaysia, producing NdPr oxide and dysprosium and terbium oxides for permanent magnet supply chains. Its heavy rare earth circuit in Malaysia is described by the company as commercial-scale production outside China. Customers include magnet manufacturers and government-backed supply chain programs seeking non-Chinese rare earth material. The company's roster spans the 1k-5k headcount range.
At a glance
Total raised
Undisclosed
Headcount
1k-5k
Headquarters
Perth
AustraliaFounded
1983
Status
Public
Subsector
Funding history
Total raised
—
Rounds tracked
0
No dated funding rounds on file. This company is privately held and may be raising or operating on undisclosed capital.