Bullish Lacaze sketches big Lynas future in rare earths

LYNAS Corp is looking at spending A$500 million over the next 5-6 years to develop new rare earth products and increase production of key EV battery inputs NdPr by 50%, with a new cracking and leaching circuit to be built in Western Australia either on site at the Mt Weld mine or in Kalgoorlie.

Bullish Lacaze sketches big Lynas future in rare earths Bullish Lacaze sketches big Lynas future in rare earths Bullish Lacaze sketches big Lynas future in rare earths Bullish Lacaze sketches big Lynas future in rare earths Bullish Lacaze sketches big Lynas future in rare earths

Amanda Lacaze

Funding for the initiatives that include increasing annual production of NdPr to 10,500t per annum will be principally generated internally.

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