April 21 (Reuters) – Australia’s Lynas Rare Earths posted an over two-fold jump in third-quarter revenue on Tuesday, supported by strong production and sales. The world’s largest producer of rare earths outside China posted gross sales revenue of A$265 million ($190.19 million) for the quarter ended March 31, compared with A$123 million a year ago. […]
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Australia’s Lynas Rare Earths more than doubles third-quarter revenue
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April 21 (Reuters) – Australia’s Lynas Rare Earths posted an over two-fold jump in third-quarter revenue on Tuesday, supported by strong
production and sales.
The world’s largest producer of rare earths outside China posted gross sales revenue of A$265 million ($190.19 million) for the quarter ended March 31, compared with A$123 million a year ago.
($1 = 1.3933 Australian dollars)
(Reporting by Nichiket Sunil and Aamir Shaik Khalid in Bengaluru; Editing by Vijay Kishore)