Lynas Rare Earths stock gains 3.79 percent as support holds

Published on 09/22/2026 at 17:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Lynas Rare Earths stock reached A$14.51 on September 22, 2026, while FY26 revenue hit A$977.9 million. Net profit was A$222.4 million.

Lynas, AU000000LYC6, Illustration mit AI erstellt.

Lynas Rare Earths stock (ISIN AU000000LYC6) gained 3.79 percent to A$14.51 on the ASX on September 22, 2026. According to The Bull, the move followed renewed buying near the A$13.75 to A$14 support zone, while the stock remained 18.7 percent above its calendar 2026 starting level.

Revenue reaches a record

Lynas reported record FY26 revenue of A$977.9 million and net profit of A$222.4 million in August 2026, according to The Bull. The company also recorded a record average selling price of A$80.7 per kilogram, while NdPr and total rare earth oxide output posted double-digit volume growth during FY26.

The earnings picture was not uniformly positive: the same September 22, 2026 report said profit fell short of market expectations despite the record revenue figure. That comparison matters because the stock's 3.79 percent daily gain is occurring alongside a still unresolved earnings-expectation gap.

Supply agreements support the case

Lynas has an updated 12-year supply agreement with Japan that includes a US$110 per kilogram floor for NdPr offtake and upside sharing above US$150 per kilogram, according to The Bull. The report also described a US government supply agreement and heavy rare earth commitments to Japanese industry as additional commercial support.

The market is testing whether those agreements can offset technical and strategic concerns. Macquarie retained an outperform rating with a A$20 target in the September 22, 2026 coverage cited by The Bull, but flagged the question of whether the Kalgoorlie plant could become surplus if Malaysian processing takes priority.

Stock remains below key averages

At A$14.51 on September 22, 2026, Lynas remained below its 50-day average of A$15.46 and its 200-day average near A$16.89, according to The Bull. The gap between the share price and those averages leaves the short-term rebound technically weaker than a confirmed trend reversal, even after the 3.79 percent session gain.