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Australian Rare Earth Giant Lynas Reports 90% Drop in FY2025 Net Profit; Texas Plant Faces Challenges
2 week ago /
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Author：小编
Australian rare earth company Lynas has issued its financial report, revealing a stark 90% decline in net profit for the fiscal year 2025, amounting to AUD 8 million. The company has cautioned about considerable uncertainties shrouding the construction outlook of its heavy rare earth processing plant located in Texas, USA. Amidst these challenges, Lynas remains proactive in pursuing collaborations with magnet projects within the United States and beyond. Nevertheless, market competition uncertainties and a shifting policy landscape have rendered its future trajectory highly uncertain.
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