Lynas Rare Earths Ltd 2021 AR2
The report highlights Lynas Rare Earths' financial and operational performance for the fiscal year ended June 30, 2021. The company achieved a record net profit after tax of $157.1 million and record sales revenue of $489.0 million, driven by strong market demand and price growth for NdPr. Operationally, Lynas sustained production at 75% of Lynas NEXT capacity despite COVID-19 challenges and progressed key growth projects, including the Kalgoorlie Rare Earths Processing Facility. In terms of sustainability, the company maintained its EcoVadis Gold Medal rating, successfully completed annual ISO recertifications, and committed to the Science Based Targets initiative.
Company: Lynas Rare Earths Ltd
Sector: Materials
Country: Australia
Year: 2021
Type: AR2
Pages: 112
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Lynas Rare Earths Ltd
Annual Report
The report highlights Lynas Rare Earths' financial and operational performance for the fiscal year ended June 30, 2021. The company achieved a record net profit after tax of $157.1 million and record sales revenue of $489.0 million, driven by strong market demand and price growth for NdPr. Operationally, Lynas sustained production at 75% of Lynas NEXT capacity despite COVID-19 challenges and progressed key growth projects, including the Kalgoorlie Rare Earths Processing Facility. In terms of sustainability, the company maintained its EcoVadis Gold Medal rating, successfully completed annual ISO recertifications, and committed to the Science Based Targets initiative.
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Document Details
Report Year
2021
Reporting Period
Jul 1, 2020 - Jun 30, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees