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Australia's Lynas Rare Earths fourth-quarter revenue falls 13.3%



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July 23 (Reuters) -Lynas Rare Earths LYC.AX posted a 13.3% drop in fourth-quarter revenue on Tuesday as higher Chinese production piled more pressure on prices.

The world's largest producer of rare earths outside of China posted sales revenue of A$136.6 million ($90.72 million) for the three months ended June 30, compared with A$157.5 million a year earlier.



($1 = 1.5058 Australian dollars)



Reporting by Rajasik Mukherjee in Bengaluru; Editing by Sriraj Kalluvila

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