Lynas Rare Earths Competitors and Similar CompaniesClear all

Lynas Rare Earths's competitors and similar companies include MP Materials, Neo Performance Materials, Australian Strategic Materials, Pensana and USA Rare Earth.

	Lynas Rare Earths Lynas Rare Earths is a company engaged in the mining and production of rare earth materials.	MP Materials MP Materials is a company that owns and operates an integrated rare earth mining and processing facility.	Neo Performance Materials Neo Performance Materials (formerly Molycorp) is a company manufacturing advanced materials that incorporate rare earth and rare metal elements.	Australian Strategic Materials Australian Strategic Materials (ASM) is a company engaged in the production of specialty metals and oxides.	Pensana Pensana (formerly Pensana Rare Earths) is a company engaged in rare earth production.	USA Rare Earth USA Rare Earth is a company that provides rare earth and lithium minerals.
Founding Date	Founding Date 1983	Founding Date 2017	Founding Date 2018	Founding Date 2000	Founding Date 2006	Founding Date 2019
Type	Type Public	Type Public	Type Public	Type Public	Type Public	Type Private
Tags	Tags Manufacturing & Industrial chemicals exploration & development metal products mining	Tags Manufacturing & Industrial chemicals exploration & development metal products mining	Tags Manufacturing & Industrial advanced materials chemicals metal products mining	Tags Manufacturing & Industrial chemicals metal products mining	Tags Manufacturing & Industrial chemicals metal products mining	Tags Manufacturing & Industrial chemicals metal products mining
Locations	Locations Balok, MY HQ East Perth, AU	Locations Las Vegas, US HQ	Locations Toronto, CA HQ	Locations Burswood, AU HQ Dubbo, AU Dubbo, AU Perth, AU West Perth, AU	Locations London, GB HQ London, GB	Locations Tampa, US HQ Sierra Blanca, US Stillwater, US Wheat Ridge, US
Employees	Employees 7654% increase	Employees 277	Employees 1,773	Employees N/A	Employees 51	Employees 3210% increase
Valuation ($)	Valuation ($) 4.9 b	Valuation ($) 3.1 b	Valuation ($) 243.7 m	Valuation ($) 74.1 m	Valuation ($) 77.4 m	Valuation ($) N/A
Financial
Revenue (est.)	Revenue (est.) $463.3m (FY, 2024)	Revenue (est.) $203.9m (FY, 2024)	Revenue (est.) $475.8m (FY, 2024)	Revenue (est.) $3.1m (FY, 2024)	Revenue (est.) N/A	Revenue (est.) N/A
Cost of goods	Cost of goods $280m (FY, 2024)	Cost of goods N/A	Cost of goods $343.3m (FY, 2024)	Cost of goods $2.5m (FY, 2024)	Cost of goods N/A	Cost of goods N/A
Gross profit	Gross profit $183.3m (FY, 2024)	Gross profit N/A	Gross profit $132.5m (FY, 2024)	Gross profit $3.2m (FY, 2024)	Gross profit N/A	Gross profit N/A
Net income	Net income $84.5m (FY, 2024)	Net income ($65.4m) (FY, 2024)	Net income ($13m) (FY, 2024)	Net income ($25.2m) (FY, 2024)	Net income ($5.8m) (FY, 2024)	Net income N/A
Funding
Total funding raised	Total funding raised N/A	Total funding raised N/A	Total funding raised $ 174.5m	Total funding raised $ 70.5m	Total funding raised $ 26.2m	Total funding raised $ 61.3m