Lynas Corporation Limited
(ASX:LYC) has achieved record cashflow and sales in the last quarter of the 2015 financial year.
The rare earths producer reported positive free cashflow of $6.4 million in the June quarter while gross sales revenue came in at $51.9 million.
The miner’s activities report shows production increased over the quarter to 2,606 tonnes from 1,973 tonnes in the prior quarter.
Lynas Corporation has also addressed speculation surrounding the rare earths industry and says it expects a level of uncertainty to continue in the near term.
Lynas Corporation reported a net loss of $103.51 million in the first half of the 2015 financial year.
