Lynas Rare Earths Ltd

Common Name

Lynas Rare Earths

Country

Australia

Sector

Basic Materials

Industry

Other Industrial Metals & Mining

Employees

N/A

Ticker

LYC

Exchange

ASX

Website

lynasrareearths.com

Description

Lynas Rare Earths Ltd. is a prominent producer and exporter of rare earth minerals, focused on sustainable supply of these critical resources. The company operates one of the world's largest rare eart... Show more

Financial Statements of Lynas Rare Earths

Below are the financial statements of Lynas Rare Earths, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of AUD	2024	2023
Assets	—	—
Cash and cash equivalents	523.84^a	1,011.21^a
Trade and other receivables	49.65^a	59.57^a
Tax receivable	7.03^a	0^a
Prepayments	6.2^a	3.9^a
Inventories	120.58^a	111.89^a
Total current assets	707.28^a	1,186.58^a
Inventories	11.17^a	12.88^a
Property, plant and equipment	1,920.18^a	1,294.51^a
Deferred development expenditure	73.98^a	49.69^a
Intangible assets	1.27^a	1.4^a
Deferred tax assets	5.89^a	8.96^a
Other non-current assets	85.15^a	84.65^a
Total non-current assets	2,097.64^a	1,452.1^a
Total assets	2,804.92^a	2,638.68^a
Liabilities	—	—
Interest payable	0^a	0.27^a
Trade and other payables	92.36^a	82^a
Borrowings	28.54^a	10^a
Current tax liability	0^a	25.85^a
Employee benefits	6.03^a	5.08^a
Provisions	37.46^a	37.26^a
Lease liabilities	4.95^a	4.51^a
Total current liabilities	169.35^a	164.98^a
Borrowings	143.29^a	167.38^a
Employee benefits	0.47^a	1.41^a
Provisions	241.82^a	133.04^a
Lease liabilities	7.19^a	8.46^a
Total non-current liabilities	392.77^a	310.29^a
Total liabilities	562.12^a	475.27^a
Net assets	2,242.81^a	2,163.4^a
Equity	—	—
Share capital	2,091.09^a	2,091.09^a
Retained earnings	220.41^a	135.9^a
Reserves	-68.69^a	-63.58^a
Total equity attributable to the equity holders of the company	2,242.81^a	2,163.4^a

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Verified Sources Behind Lynas Rare Earths’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Lynas Rare Earths’s data sources below and access millions more through our Disclosure Search.

a. Lynas Rare Earths's Annual Report 2024

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Lynas Rare Earths Ltd

Financial Statements of Lynas Rare Earths

Verified Sources Behind Lynas Rare Earths’s Financial Fundamentals Data

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