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Strong Lynas quarter in volatile RE market

Integrated rare earths producer holds some inventory for better price outcome

Michael Quinn
The Amanda Lacaze-led Lynas asserted its market position in the June quarter by holding inventory rather than selling into a volatile market and receiving lower than acceptable pricing.

The Amanda Lacaze-led Lynas asserted its market position in the June quarter by holding inventory rather than selling into a volatile market and receiving lower than acceptable pricing.

Cash flows from operations totalled A$20.7 million and debt was reduced by US$20 million to $165.2 million. Lynas said fluctuations in the NdPr price have been evident, with small improvements visible...

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