Welcome to InvestSMART

You are currently viewing our site as a guest, which gives you limited access to our site features. By signing up for a free membership, you will receive our Investment Opportunity newsletters and have access to additional features for finding and comparing managed funds and shares. Registration is fast and simple, so please:

General Information

Lynas Corporation Limited
Diversified Metals & Mining

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$0.04 $0.04 $0.04 $0.04 $0.04 1552178 $0.00 ( 1.43% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Current Broker Consensus Recommendation


Company Overview

Business Description
Lynas Corporation Limited (LYC) is principally involved in the exploration and development of rare earths minerals. LYC is focused on becoming a global rare earths producer and supplier through its focus on RED (Rare Earths Direct) branding. LYC’s main asset is Mt Weld rare earths deposit in Western Australia.
Strategy Analysis
LYC have a strategy of creating a reliable, fully integrated source of supply from mine through to the customer. LYC aims to become the benchmark for the security of supply and environmental standards in the global rare earths industry. Lynas Corporation reported positive cash flow of $99.61m for the quarter ended 31 December 2012. Operating cash flow for the period was $(30.32m). Payments for exploration and evaluation were nil. Investing cash flow was $130.74m. Financing cash flow was $(814,000). Cash in hand at the end of the quarter was $226.22m.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2016 F 0.0 -0.8 0.0% 0.0 0.0 0.0% 0.0%
2015 F 0.0 -3.5 0.0% 0.0 0.0 0.0% 0.0%
2014 A -148.4 -7.5 0.0% 0.0 0.0 0.0% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2014 A 2015 F 2016 F 2014 A 2015 F 2016 F 2014 A 2015 F 2016 F
BHP Billiton (BHP) $85,110M 0.1223 -0.2320 -0.4539 10.9387 14.2435 26.0827 4.39% 6.33% 6.32%
Iluka Resources (ILU) $3,270M -0.5350 1.2602 0.8256 54.7686 24.2321 13.2733 2.43% 3.72% 4.83%
Lynas Corporation (LYC) $126M 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Rio Tinto (RIO) $22,482M -0.1938 -0.5120 0.1015 8.5618 17.5444 15.9274 4.95% 5.47% 5.49%
South32 (S32) $9,583M 0.0000 0.0000 -0.0771 0.0000 10.2740 11.1317 0.00% 0.00% 4.74%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.50 0.00 0.27 0.00
Market 0.89 16.20 1.33 1.33
Sector 0.64 11.90 0.67 0.34


Name Position Start Date
Ms Amanda Lacaze Chief Executive Officer, Executive Director, Managing Director 01/01/2014
Mr Richard (Mike) Michael Harding Non-Executive Chairman 01/01/2015
Mr William (Liam) Gerard Forde Non-Executive Deputy Chairman 04/12/2007
Mr Jake Klein Non-Executive Director 25/08/2004
Ms Kathleen Marie Conlon Non-Executive Director 01/11/2011
Mr Philippe Gerald Etienne Non-Executive Director 01/01/2015


Name Position
L. Catanzaro CFO
J . Steinmetz Chief Operating Officer
Andrew Arnold Company Secretary
A. Jury Executive Vice President Corporate Affairs
G. Barr Executive Vice President People and Culture
A. Arnold General Counsel and Company Secretary
Sally McDonald Joint Company Secretary

Substantial Shareholders

Holding Name
0 (0%) n/a

Calendar of Events

Date Event
15 July 2016 Report (Quarterly)
22 April 2016 Report (Quarterly)
26 January 2016 Report (Quarterly)
27 October 2015 Report (Annual)
14 October 2015 Report (Quarterly)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.