Australian rare earths miner Lynas Corp posted a 50% jump in annual profit on Thursday amid record production of major rare earth elements but the company said most of its growth will be outside China.
Lynas, the largest rare earths producer in the world outside of China, said profit after tax was A$80 million ($54.03 million) for the year ended June 30, up from A$53.1 million a year ago.
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