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Lynas signs contract for US rare earths facility – MINING.COM – MINING.com

Company signed a contract with the US Department of Defense to begin initial design work for its heavy rare earth separation facility in Texas.

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Lyans’ Mount Weld rare earths mine in Western Australia.
(Image courtesy of Lynas Corp.)
Lynas Corp (LYC.AX) announced on Monday it has signed a contract with the US Department of Defense to begin initial design work for its heavy rare earth separation facility in Texas that the Pentagon is providing initial funding for.
The funding will allow the company and US partner Blue Line to complete a market and strategy study for the construction, the company said in a press release. Lynas expects …

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