Lynas Rare Earths quits tie-up talks with MP Materials
Australia’s Lynas Rare Earths said on Monday confidential talks have ended with US-based MP Materials for a possible merger that industry sources said would have been difficult for the sides to agree on a value.
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Lynas shares jump as Malaysia allows key plant extension
Mining News Pro - Shares of Lynas Rare Earths hit their highest in over a month on Wednesday, extending gains, after Malaysia allowed the miner to operate its flagship refinery locally with a variation to the operating licence.
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Malaysia allows Lynas to import radioactive raw material until 2026
Mining News Pro - Malaysia on Tuesday amended Lynas Rare Earths’ operating license to allow the Australian firm to import raw materials containing natural radioactive material and process rare earths until March 2026.
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Malaysia gives Lynas extension to keep rare earths unit open
Mining News Pro - Malaysian authorities granted a six-month extension to Australia miner Lynas Rare Earths Ltd. to get its rare earth plant in line with environmental requirements.
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Record results for Lynas as Malaysia decision looms
Mining News Pro - Lynas Rare Earths is set to appeal to the Malaysian Government today about unfavourable license conditions that threaten to interrupt its operations. But despite the impending battle, the company recorded strong results for the March quarter.
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Lynas posts record profit on solid rare earths demand
Mining News Pro - Australia’s Lynas Rare Earths posted a record more than three-fold jump in annual profit on Friday, boosted by soaring demand for the specialized metals it mines amid a global push for reducing carbon emissions.
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Lynas to invest $345m in rare earths mine to tap demand
Mining News Pro - Australia’s Lynas Rare Earths Ltd on Wednesday unveiled plans to invest A$500 million ($345.40 million) to expand capacity at its Western Australia-based Mt Weld mine, in an attempt to meet market demand for rare-earths materials.
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Lynas awarded $120m DOD contract to build commercial heavy rare earths facility in US
Mining News Pro - Australia’s Lynas Rare Earths Ltd (ASX: LYC, OTC:LYSDY) announced Monday that its wholly owned subsidiary, Lynas USA LLC, has signed a follow-on contract for approximately $120 million with the U.S. Department of Defense to establish a first of its kind commercial Heavy Rare Earths (HRE) separation facility in the United States.
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Lynas races to keep up with global rare earths demand
Mining News Pro - Lynas Corp the world’s only processor of rare earths outside China, sees growth in demand for the metals used in everything from cars to missiles rapidly outpacing production and expects to spell out expansion plans in the next six months.
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Construction begins at Lynas processing facility
Mining News Pro - Lynas Rare Earths’ new processing facility has begun construction in Kalgoorlie, with Western Australian Mines and Petroleum Minister Bill Johnston attending a sod-turning ceremony to mark the occasion.
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Lynas posts record profit on rare earths demand
Mining News Pro - Australia’s Lynas Rare Earths Ltd posted a record first-half profit on Friday, helped by a surge in demand for the minerals used in electric vehicles amid a global push for reducing carbon emissions.
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Lynas posts record revenue on strong demand for rare earths
Mining News Pro - Australia’s Lynas Rare Earths Ltd posted record second-quarter revenue on Wednesday, as demand for metals used in electric vehicles (EVs) grew amid a global push for reducing carbon emissions.
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Lynas gets regulator nod for disposal facility in Malaysia
Mining News Pro - Lynas Rare Earths said on Thursday it has got environmental approvals from Malaysian authorities to build a permanent disposal facility for water leached purification residue in the country.
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Lynas Rare Earths begins contracting for process plant
Mining News Pro - Lynas Rare Earths has kicked off construction of its Kalgoorlie processing facility in Western Australia, awarding a formative contract to a WestStar Industrial subsidiary for $12 million.
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Lynas Rare Earths processing plant EPA approved
Mining News Pro - Lynas Rare Earths has had its proposal for a processing facility near Kalgoorlie-Boulder recommended for environmental approval by the Environmental Protection Authority (EPA) in Western Australia.
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Lynas reports a significant increase in profits
Mining News Pro - Rare earths miner Lynas has reported a massive surge in net profits for the full year ended June, as revenues rose.
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Lynas Rare Earths switches on in Kalgoorlie
Mining News Pro - Lynas Rare Earths has contracted Mayfield Group Holdings for transportable switchrooms at its rare earth project near Kalgoorlie, Western Australia.
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Lynas revenue jumps 21% as rare earth prices hit new records
معدن نیوز - Australian miner Lynas Rare Earths posted a 20.6% rise in revenue in the March quarter as selling prices for the key metals it mines hit record highs amid strong demand, particularly for neodymium and praseodymium (NdPr).
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Lynas CEO cautiously optimistic of market recovery
Mining News Pro - Lynas Rare Earths has enjoyed record-high rare earths prices during the March quarter as the market recovered from the COVID-19 pandemic.
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Lynas 2025 growth vision on track
Mining News Pro - Lynas Corporation has taken steps towards achieving its 2025 growth vision after securing funding to develop its Kalgoorlie rare earth processing facility in Western Australia.
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Lynas to feed new US plant with Kalgoorlie rare earths
Mining News Pro - Lynas Corporation has inked an agreement with the United States Government to build a light rare earths separation plant in Texas.
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Lynas nears construction of Kalgoorlie processing facility
Mining News Pro - Lynas Corporation is on track to commence the construction of its Kalgoorlie rare earth processing facility in Western Australia in mid-2021.
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Lynas to install industrial dryer at Mt Weld
Mining News Pro - Lynas has received a 14-metre industrial scale dryer at the Mt Weld rare earths deposit in Western Australia that will be added to improve production efficiency.
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Lynas production soars above COVID-19, price challenges
Mining News Pro - Lynas Corporation has delivered a significant jump in its production of neodymium-praseodymium (NdPr) and rare earth oxides (REO) amid volatile prices during the September quarter.
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Lynas increases production in Sept quarter
Mining News Pro - Rare earths miner Lynas has reported a significant increase in production of neodymium praeseodymium (NdPr) in the first quarter ending September, while total rare earth oxide production nearly doubled.
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