King & Wood Mallesons (KWM) is proud to have advised Lynas Rare Earths Ltd (Lynas) on its recent equity capital raising, comprising a $750 million fully underwritten institutional placement and a follow-on share purchase plan aiming to raise up to $75 million.
The equity raising will provide Lynas with the balance sheet strength and financial flexibility to pursue key growth projects as part of its Towards 2030 strategy.
The KWM team advising Lynas was led by partners Rob Kelly and Jack Hill, supported by solicitors Harry Pottinger-Coombes and Sean See.
Commenting on the deal, Rob Kelly said:
“We are very proud to have supported Lynas on this important raising, which will accelerate its growth and reinforce its position as a global leader in rare earths.”
Further commenting, Jack Hill added:
“The strong investor support reflects both the importance of critical minerals and Lynas’ unique position in the market. It was a privilege to continue our relationship with Lynas and help it achieve this milestone.”
KWM has acted on 2 of the 3 largest Australian secondary equity raisings in 2025, following Goodman Group’s $4.4 billion equity raising in February.
