Overview
Description
Lynas Rare Earths Ltd. is a leading miner and producer of rare earth elements—a critical component in the manufacture of numerous high-tech applications. This Australian-based company focuses primarily on the extraction and processing of rare earth oxide from its Mount Weld mining site, one of the richest deposits of rare earths in the world. Lynas' operations span the value chain from mining to the production of rare earths concentrates, which are integral in sectors like renewable energy, automotive, and electronics. Notably, its products are essential in the production of permanent magnets used in electric vehicle motors and wind turbines, highlighting its importance in sustainable technology sectors. In the financial market, Lynas Rare Earths Ltd. holds significant strategic importance as a key player outside China, offering a diversified supply source for this crucial resource. The company is thus pivotal in regional supply chains, contributing to energy transition initiatives and technological advancements.
About
CEO
Ms. Amanda M. Lacaze ATCL, B.A., M.A.I.C.D.
Employees
0
Address
1 Howard Street
Level 4
Perth, 6000, WA
Australia
Level 4
Perth, 6000, WA
Australia
Phone
61 8 6241 3800
Website
Instrument type
American depositary receipt
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Country
United States
MIC code
PINX