Lynas HQ Letterhead template
6 January 2016
LYNAS EXCEEDS NDPR PRODUCTION TARGET
Lynas Corporation (ASX:LYC, OTC:LYSDY) is pleased to announce that NdPr production for the 6 months ended 31 December 2015 exceeded the target of 1,860 tonnes.
As detailed in Lynas' ASX announcement dated 17 August 2015, the JARE senior loan facility agreement specifies NdPr production targets for each 6 month period from 1 July 2015 to 31 December 2017. As a consequence of Lynas exceeding the first NdPr production target, the interest rate under the JARE facility reduced from 7.0% per annum to 6.5% per annum with effect from 1 January 2016.
Further details will be provided in Lynas' quarterly report later this month.
For all media enquiries please contact Renee Bertuch from Cannings Corporate Communications on +61 2 8284 9990.
Andrew Arnold Company Secretary
Lynas Corporation HQ
PT17212 Jalan Gebeng 3, Kawasan Perindustrian Gebeng, 26080 Kuantan, Pahang Darul Makmur, Malaysia Tel: +60 9 582 5200 +60 9 582 5800
Fax: +60 9 582 5291 +60 9 582 5292
www.lynascorp.com ACN 009 066 648