Australia-based Lynas Rare Earths has signed a memorandum of understanding (MoU) with Japan Australia Rare Earths B.V. (JARE) to establish a framework for cooperation across the rare earths value chain, particularly in relation to exploration. JARE is a special-purpose company established by the Japan Organization for Metals and Energy Security (JOGMEC) and Sojitz Corporation. Lynas and JARE are parties to…
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Lynas Rare Earths has confirmed first production of terbium oxide (Tb) at its advanced materials plant near Kuantan, Malaysia. This is the second separated heavy rare earths oxide to be produced at Lynas Malaysia this year. “Together with dysprosium oxide (Dy), which was first produced on our new heavy rare earths production line in May, Lynas can now supply customers…
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Lynas Rare Earths has signed a non-binding memorandum of understanding for the supply of mixed rare earths carbonate (MREC) from Menteri Besar (MB) Inc., the strategic investment arm of the Kelantan state government in Malaysia. “This is a significant step for Lynas and the Malaysian rare earths industry, bringing together Lynas Malaysia’s over a decade of rare earths industry expertise,…
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Lynas Rare Earths has confirmed first production of Dysprosium Oxide (Dy) at its Malaysian facility, marking a significant milestone as the world’s only commercial producer of separated heavy rare earth products outside China. “The production of this on spec Dy is a significant step for supply chain resilience and provides customers with the option of sourcing product from an outside…
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Zenith Energy has entered an agreement with Lynas Rare Earths to design, build, own, operate and maintain a hybrid power station at Lynas’ Mt Weld mine in Western Australia. The total installed capacity of the Mt Weld power station upon completion will be approximately 65 megawatts. The Mt Weld hybrid power station will include a 24-MW wind farm (four wind…
Read MoreLynas Rare Earths’ Lynas Malaysia arm has confirmed it is targeting 2025 for first production of two separated heavy rare earths products, producing – for the first time – separated dysprosium (Dy) and terbium (Tb). The production will complement its existing light rare earths product range. “Dy and Tb are both essential to high performance rare earth permanent magnets used…
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Photo: Monadelphous Engineering company Monadelphous has secured new construction and maintenance contracts and contract extensions with several miners and an energy company totalling A$170 million. Lynas Rare Earths awarded Monadelphous a construction contract for stage 1 of its Mt Weld expansion project near Laverton in the Goldfields region of Western Australia. The scope of the contract includes structural, mechanical and…
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Lynas Rare Earths has inked new agreements with Japan Australia Rare Earths (JARE) that will further strengthen its balance sheet and support funding of capital projects designed to meet accelerating global demand for rare earth materials. Full story.
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State-owned Japan Oil, Gas and Metals National Corp (JOGMEC) and trading house Sojitz Corp. have invested an additional US$9 million in Lynas Rare Earths to support the Australian miner’s Mt Weld project, reported Reuters. Read full article.
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Lynas Rare Earths has confirmed receipt of its ministerial statement for its planned rare earth processing facility in Kalgoorlie, Western Australia, allowing the project to take a significant step forward. Read full article from The Asia Miner.
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