Lynas in position to fund big expansion

RARE earths heavyweight Lynas Corp should have the firepower to internally fund it’s A$500 million plan to produce 10,500 tonnes per annum of NdPr products by 2025 after Japanese lender JARE extended the timeframe for the ASX-listed company to repay debt.

Lynas in position to fund big expansion Lynas in position to fund big expansion Lynas in position to fund big expansion Lynas in position to fund big expansion Lynas in position to fund big expansion

Lynas aiming to significantly increase production

Repayment of the debt of US$162 million has now been extended out to mid-2030, with the interest rate reduced to 2.

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