Fourth quarter of higher production at Lynas
PERTH (miningweekly.com) – Mineral sands miner Lynas has reported its fourth consecutive quarter of increased production and sales volumes.
During the three months to June, Lynas increased its rare earth oxide (REO) production to 1 822 t, compared with the 1 089 t produced in the previous quarter. Production for the 12 months to June reached 3 965 t, while shipments during the year totalled 3 008 t.
The June quarter production represented 47.5% of the full-year production, while the quarter’s shipment volumes represented 54.2% of the total full-year shipments.
Lynas noted that the ramp-up of production at the company’s Advanced Materials Plant, in Malaysia, was continued during the quarter. Each of the major stages of the Phase 1 plant had been individually operated at target capacity during the June quarter.
The Phase 2 cracking and leaching and product finishing assets have been successfully commissioned, and it was intended to begin commissioning the Phase 2 solvent extraction asset in the coming months.
At the Western Australian operations, the concentration plant performed in line with expectations during the quarter, with some 10 828 dry tonnes of concentrate, containing 4 144 t of REO, bagged and ready for export.
Concentrate stocks reduced by 26% during the quarter, compared with the end of March.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation