Earnings release
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22 October 2021 HIGHLIGHTS ● ● Quarterly Sales Revenue : Sales receipts : Closing cash balance : Total REO production : O NdPr production : Lynas 2025 project : O O O QUARTERLY REPORT FOR THE PERIOD ENDING 30 SEPTEMBER 2021 O CEO REVIEW A $ 121.6m A $ 92m A $ 667.3m 3,166 tonnes 1,255 tonnes ( Q4 FY21 : A $ 185.9m ) ( Q4 FY21 : A $ 192m ) ( Q4 FY21 : A $ 680.8m ) Lynas Rare Earths ( Q4 FY21 : 3,778 tonnes ) ( Q4 FY21 : 1,393 tonnes ) Kiln components en route to Australia 70 % of procurement now complete Process water agreement signed with City of Kalgoorlie - Boulder On 20 October 2021 , the WA EPA recommended the Kalgoorlie Rare Earth Processing Facility for environmental approval The global COVID - 19 pandemic continued to present challenges and opportunities for the Lynas business in the quarter ending 30 September 2021 . Lynas Rare Earths Ltd Level 1 , 45 Royal St. , East Perth , WA 6004 Strong demand from the magnet market and increased market pricing for NdPr continued as economies recovered from the pandemic . Invoiced revenue for the quarter was $ 121.6m , the 2nd highest quarterly result recorded for Lynas . In Malaysia , 99.9 % of staff and 99 % of contractors were fully vaccinated as at 13 October 2021. However , despite the high level of vaccinated staff , increased COVID - 19 case numbers in the Kuantan area during the quarter resulted in the cracking and leaching plant being partially or fully shutdown for 11 days due to the unavailability of personnel who were required to isolate . We were able to utilise this time for major maintenance programs . Product finishing of non - NdPr products was also shutdown for 16 days during the period as we prioritised NdPr production with available personnel . The pandemic continued to affect logistics , with delays in both inbound and outbound shipments affecting availability of key production inputs and finished product deliveries . Despite these challenges , the team managed to maintain NdPr production at 70 % of Lynas NEXT capacity . Page 1