Lynas reports half year accounts

Company News


Lynas Corporation Limited (ASX:LYC) has reported a total comprehensive loss attributable to shareholders of $123.7 for the six months to 31 December 2015.
 
This compares with a loss of $142.2 million a year earlier.
 
Sales volumes in the half year to 31 December 2015 grew by 6.2 percent compared to a year earlier, with the company citing continued improvement in production rates.
 
On an adjusted EBITDA basis, the group reported a loss of $15.4 million, versus $57.7 million in the previous comparable period.

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