Strong Prices Offset Output Drop at Lynas Rare Earths -- Market Talk
Dow Jones
Yesterday
0135 GMT - Lynas Rare Earths reports strong prices for 2Q, helped by higher benchmarks and by increased heavy rare earths and neodymium-praseodymium in its sales mix, Morgan Stanley analyst Rahul Anand says in a note. Realized 2Q pricing of A$85.6/kilogram was 28% above consensus, he says. As a result, quarterly revenue was resilient, rising to A$201.9 million even as sales volumes fell sharply, says Anand. Revenue for 2Q was 0.7% above consensus. MS has an overweight rating and A$17.55 target on Lynas. The stock is up 5.8% at A$16.13. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
January 20, 2026 20:35 ET (01:35 GMT)
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