Lynas Rare Earths Limited reported earnings results for the half year ended December 31, 2023. For the half year, the company reported sales was AUD 234.78 million compared to AUD 369.98 million a year ago. Net income was AUD 39.54 million compared to AUD 150.08 million a year ago.

Basic earnings per share from continuing operations was AUD 0.0423 compared to AUD 0.166 a year ago. Diluted earnings per share from continuing operations was AUD 0.0422 compared to AUD 0.1656 a year ago.