Lynas Rare Earths
LYSDY · OTC · Basic Materials
$10.08
+$0.32 (+3.17%) today
Market Cap
$10.15B
24h Volume
$68.0K
P/E Ratio
63.0
52w High
$15.58
52w Low
$8.17
Est. AI Revenue
5%
7-Day Sparkline (Static)
Company facts
Performance
About Lynas Rare Earths
Lynas Rare Earths is the largest producer of separated rare earths outside China. It mines rare earth ore at Mt Weld in Western Australia and processes it into separated oxides, led by the NdPr materials that go into permanent magnets. Revenue comes from selling those oxides to magnet and chemical makers.
Processing runs through its Kalgoorlie facility in Australia and its long-established plant in Malaysia. A US heavy rare earths facility in Texas, backed by the US Department of Defense, is under development.
Founded in 1983 and headquartered in Perth, Lynas is a cornerstone of Western efforts to build rare earth supply independent of China. Its shares trade on the ASX, with US investors holding them through OTC-traded depositary receipts.
Lynas Rare Earths in the AI buildout
Lynas sits in the Raw Materials layer of the AI buildout. Its NdPr oxide becomes the NdFeB magnets inside hard disk drives, data center cooling systems, and the motors and actuators of the robotics wave AI is accelerating. Most rare earth demand still comes from EVs, wind turbines, and defense, which keeps AI a minority driver. What Lynas offers the buildout is supply security: scaled, ex-China production of a critical input every magnet maker needs.
LYSDY is tracked in Raw Materials & Mining, rated Peripheral on the AI Exposure leaderboard.
By the numbers
52-week range
LYSDY trades at $10.08, 26% of the way up its 52-week range of $8.17 to $15.58.
Market cap
Market capitalization is $10.15B, with an AI Exposure Score of 22 out of 100.
Valuation vs peers
Its P/E ratio of 63.0 is above the Raw Materials & Mining category median of 29.7.
Market data as of the close on . Prices are end of day, not live.
Frequently asked questions
What does Lynas Rare Earths do?
Lynas mines rare earth ore at Mt Weld in Western Australia and processes it into separated rare earth oxides at facilities in Kalgoorlie and Malaysia. It is the largest producer of separated rare earths outside China and sells mainly NdPr for permanent magnets.
How is Lynas Rare Earths exposed to AI?
Its magnet materials feed hard disk drives, data center cooling, and robotics motors, all growing with AI. Most demand still comes from EVs, wind, and defense. Supercycle rates Lynas Peripheral with an AI Exposure Score of 22 out of 100.
Is LYSDY a pure play AI stock?
No. Lynas is a rare earth mining and processing company whose results track rare earth prices and production volumes. AI-linked applications are a minority of demand, though Western supply policy gives the company strategic value beyond commodity prices.
Who leads Lynas?
Pol Le Roux leads Lynas as interim CEO. He stepped up in July 2026 after Amanda Lacaze, who ran the company for more than a decade, retired. Le Roux previously served as the company's chief operating officer.
Where does Lynas operate?
Lynas is headquartered in Perth, Australia. It mines at Mt Weld in Western Australia, processes material in Kalgoorlie and Malaysia, and is developing a heavy rare earths facility in Texas with US government backing.
Profile written 2026-08, updated as the business changes. Editorial content, not investment advice.
Related reading
- What are AI infrastructure stocks? The 12 layers, explained · AI infrastructure stocks are the companies paid to build AI compute: chips, memory, networking, data centers, cooling and power. The 12 layers and the catch.