Lynas Rare Earths Q4: Strong Demand, New CEO at Helm

Lynas Rare Earths reported results for the June quarter on Tuesday, with interim Chief Executive Pol Le Roux describing a strong market and solid customer demand. Le Roux, who replaced Amanda Lacaze on June 30, said he had reconnected with customers since taking the role. “The market continued to be strong and all the customers I reconnected with,” he said during the call with analysts. The company did not disclose specific financial figures in the opening remarks. Analysts from Macquarie, BofA, Goldman Sachs, Morgan Stanley, JPMorgan and other firms joined the Q&A session. The call marked Le Roux’s first quarterly briefing as interim CEO.