FilingReader Intelligence

Lynas rare earths reports strong sustainability progress, financial performance

October 20, 2025 at 10:06 AM UTCBy FilingReader AI

Lynas Rare Earths Limited's 2025 sustainability report details the company's commitment to ESG standards, with notable achievements including a 25% female employee rate, 33.3% women on the board, and over 79% local suppliers in WA and Malaysia. The company invested AUD13.8m in R&D and AUD0.47m in community support. Construction of the 65MW Mt Weld hybrid renewable power station progressed, with gas and solar components commissioned, and the rooftop solar array at Lynas Malaysia now operating. The company targets a 30% female workforce by CY2026 and aims for net zero emissions by 2050, focusing on reducing reliance on fossil fuels.

Financially, Lynas reported sales revenue of $556.5m and net profit after tax of $8.0m for FY25, while direct economic contributions included AUD96.1m in employee costs and AUD26.6m in tax and royalty payments. The company raised AUD750m in equity after FY25 to support its "Towards 2030" growth strategy, aiming to optimize capital investments and expand its business.

The annual general meeting notice for November 26, 2025, includes resolutions for the re-election of Vanessa Guthrie and Kathleen Bozanic as directors and approval for granting performance rights to chief executive Amanda Lacaze. These rights include FY25 STI performance rights (21,255 valued at $303,088) and LTI performance rights (164,193 valued at $2,341,355), tied to performance conditions like relative TSR and strategic target. Total fixed remuneration for the chief executive is $1,560,903 for FY26.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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