Lynas Rare Earths announces the successful completion of its fully underwritten institutional A$750 million placement of approximately 56.6 million new fully paid ordinary shares, equivalent to approximately 6.1% of Lynas’ existing shares on issue.
The Placement attracted significant demand and support from both existing shareholders and new investors.
The proceeds from the Placement and the share purchase plan announced on 28 August 2025 will be used to help accelerate Lynas’ growth via its Towards 2030 strategy which has two key elements:
1. Harvest – Optimise performance from the Lynas 2025 capital investments to deliver returns for shareholders, including ramping up assets in line with customer demand and market growth; and
2. Grow – Grow the business by: a. Adding Resource and Scale; b. Increasing Downstream Capacity; and c. Expanding into the outside China metal and magnet supply chain.
Lynas Rare Earths CEO and Managing Director, Amanda Lacaze, said: “We are very pleased with the success of the Placement and the support we have received from existing shareholders and new high quality institutional investors. The A$750 million Placement will be used to help accelerate Lynas’ growth via its Towards 2030 strategy. This will help us to optimise our performance from the Lynas 2025 capital investments and provide Lynas with the balance sheet strength to capitalise on strategic opportunities in the rapidly evolving rare earths market and consolidate our market leading position.”
