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Top related persons:
Henry Jennings - 2 Dado Ruvic - 1 Lynas - 1 Anwar Ibrahim - 1 Echha Jain - 1 Adwitiya Srivastava - 1 Devika Syamnath - 1 Jacqueline Wong - 1
Top related locs:
Bengaluru Malaysia Kalgoorlie Western Australia China Sydney Australia
Top related orgs:
REUTERS - 2 Marcustoday - 2 Thomson - 2 Co - 1 10,500tpa - 1 Malaysian - 1 Telstra - 1 Australia's Telstra - 1

Search resuls for: "Marcustoday"


2 mentions found


☆ Australia's Lynas announces planned shutdown of Malaysia ops, shares fall
  + stars: | 2023-10-19 | by ( Echha Jain | ) www.reuters.com   time to read: +3 min
A small toy figure and mineral imitation are seen in front of the Lynas Rare Earths logo in this illustration taken November 19, 2021. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsSummaryCompanies Lynas to conduct planned shutdown of Malaysia opsCo to upgrade NdPr production in Malaysia to 10,500tpaQtrly sales revenue slips 21.8%Shares fall as much as 2.7%Oct 20 (Reuters) - Australia's Lynas Rare Earths (LYC.AX) said on Friday it planned to shut all operations in Malaysia except a mixed rare earth carbonate processing plant in the December quarter, with minimal volumes of the raw material processed during the shutdown. Shares of the miner fell as much as 2.7% to A$6.24 by 0045 GMT, the lowest since May 3. It will implement an upgrade to its downstream operations at Lynas Malaysia to increase production of neodymium-praseodymium (NdPr) to about 10,500 tonnes per annum. NdPr production for the quarter came in at 1,526 rare earth oxide tonnes (REOt), compared with 1,045 REOt a year earlier.
Persons: Dado Ruvic, Lynas, Anwar Ibrahim, Henry Jennings, Echha Jain, Adwitiya Srivastava, Devika Syamnath, Jacqueline Wong Organizations: REUTERS, Co, 10,500tpa, Malaysian, Marcustoday, Thomson Locations: Malaysia, Kalgoorlie, Western Australia, China, Bengaluru
☆ Australia's Telstra shelves InfraCo stake sale plan, shares down
  + stars: | 2023-08-17 | by ( Poonam Behura | ) www.reuters.com   time to read: +2 min
The country's largest telecoms firm decided against selling a stake in InfraCo Fixed, saying the unit "plays an important role" in achieving its long-term goals. InfraCo Fixed posted a 4.1% rise in annual income to A$2.56 billion ($1.64 billion), contributing 11% to Telstra's total income of A$23.25 billion. Telstra is targeting net cost reductions of A$500 million and mid-single digit underlying earnings before interest, taxes, depreciation, and amortization (EBITDA) growth through to FY25. It expects underlying EBITDA between A$8.2 billion and A$8.4 billion for fiscal 2024, higher than A$7.86 billion in the previous year. We remain absolutely committed to delivering our FY25 underlying EBITDA and EPS growth ambitions," Brady said.
Persons: David Gray, Henry Jennings, Vicki Brady, Brady, Poonam Behura, Anil D'Silva, Subhranshu Organizations: Telstra, REUTERS, Australia's Telstra, InfraCo, Marcustoday, TPG Telecom, Thomson Locations: Sydney, Australia, Bengaluru
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