Lynas revenue rises as sales volumes hit record

Rare earths miner Lynas has increased its revenue by 25% in the June quarter, owing to a significant improvement in sales volumes and production. The ASX-listed miner sold a record 3 806 t of rare-earth oxide (REO) in the fourth quarter, generating revenue of A$55.9-million tonnes, compared with 2 9 35 t of REO in the third quarter and revenue of A$44.5-million tonnes.