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Lynas Rare Earths, Ltd. is an Australian rare-earths mining company with two major operations: a mining and concentration plant at Mount Weld in Western Australia, and the Lynas Advanced Materials Plant (LAMP) in Kuantan, Malaysia. [1] The company was founded in the 1990s and is headquartered in Perth, Western Australia.
Rare earths producer Lynas Corp said on Monday it has signed a memorandum of understanding with Texas-based Blue Line Corp to set up a rare earths separation facility in the United States.
Australian miner Lynas Rare Earths said Friday that it will temporarily shut down most of its operations in Malaysia for upgrading as it deals with a legal battle with the Malaysian government ...
Rare earth minerals miner Lynas Corp on Monday said it had signed a memorandum of understanding with Blue Line Corp to set up a rare earths separation facility in the United States. Lynas and Blue ...
Sales revenue for the June quarter was A$87.5 million ($60.5 million), lower than the A$91.7 million it earned for the same period last year, the company said in a statement. Lynas sales were hit ...
Production of NdPr, or neodymium-praseodymium, rose 19.4 percent to 1,591 tonnes, a new quarterly record, said Lynas, the world's only major producer of rare earths outside China. Lynas added that ...
The Mount Weld deposit is owned by ASX-listed Lynas Corporation, [6] which raised A$450 million equity from J. P. Morgan in 2009 [7] to fund the development of a mine and also a processing plant in Kuantan, Malaysia. Once operational, the Mount Weld mine is expected to be the largest source of rare-earth elements outside of China. [citation needed]
MP Materials and Australia's Lynas held a confidential discussion regarding a potential merger which fell through on February 5, 2024. [28] Lynas is the second largest rare earth material company outside of China. As of 2024, CEO James Litinsky was the company's largest shareholder. [29]