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Lynas was founded by the Sumich family of Perth, Western Australia. Perth based mining identity, Mr Les Emery was appointed its first CEO and Managing Director in 1986, remaining with Lynas until 2001. In 1994, following an exploration discovery, Lynas opened its first gold mine at Lynas Find, 130 km south of Port Hedland, Western Australia.
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]
The Save Malaysia Stop Lynas (SMSL) group is currently led by the Member of Parliament for Bentong; Wong Tack. [4] The refining facility entered production in 2013, producing 1,089 tonnes of rare earth oxides in the first quarter of 2014, with a target of 11,000 tonnes per annum. [5]
The prefixes in the Americas start with one of 1,2,5. All countries in the Americas use codes that start with "5", with the exception of the countries of the North American Numbering Plan, such as Canada and the United States, which use country code 1, and Greenland and Aruba with country codes starting with the digit "2", which mostly is used by countries in Africa.
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Molycorp Inc. was an American mining corporation headquartered in Greenwood Village, Colorado. [1] The corporation, which was formerly traded on the New York Stock Exchange, [2] owned the Mountain Pass rare earth mine in California. It filed for bankruptcy in June 2015 after changing competitive circumstances, declining prices on output and a ...
Zip Co Limited (abbreviated as Zip Co) is a digital financial services company with operations in Australia, New Zealand and the USA. [2] According to their FY24 Annual Results, across the group they had 6.0 million active customers, total transaction volume of A$10.1 billion, revenue of A$868.0m, and cash gross profit of A$372.9m.
In September 1959, Lithium Corporation of America was sued for breach of contract by a Canadian producer of lithium concentrate, Quebec Lithium Corporation, from which it had been buying lithium concentrate. [3] In 1985, Lithium Corporation of America was acquired by FMC Corporation, formerly known as Food Machinery and Chemical Corporation. At ...