Jan 21 (Reuters) – Australia’s Lynas Rare Earths reported a 43% rise in second-quarter revenue on Wednesday, as higher selling prices cushioned a production shortfall caused by power disruptions at its Western Australia processing facility.
The world’s largest producer of rare earths outside China posted sales revenue of A$201.9 million ($135.98 million) for the quarter ended December 31, compared with A$141.2 million a year ago.
($1 = 1.4848 Australian dollars)
(Reporting by Rajasik Mukherjee and Jasmeen Ara Shaikh in Bengaluru; Editing by Sahal Muhammed)
