Lynas Corp Ltd is the leading separated rare earths producer outside China. The company operates the Mount Weld mine and concentrator in Western Australia and sends mined material for refining and processing at its separation facility in Malaysia.
The company received US$30.4 million in funding from the Pentagon to build a light rare earths processing facility in Texas, and earned another contract to build a heavy rare earths separation facility in the state. The project’s completion will not only benefit Lynas, but also the rare earths industry in both Australia and the US.