https://newsletter.en.creamermedia.com
Construction|Defence|Design|Electric Motors|Financial|Motors
Construction|Defence|Design|Electric Motors|Financial|Motors
construction|defence|design|electric-motors|financial|motors

Lynas signs contract with US Department of Defence

Lynas signs contract with US Department of Defence

Photo by Bloomberg

27th July 2020

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Rare earths miner Lynas has inked a contract with the US Department of Defence (DoD) for Phase 1 work on a US-based heavy rare earths separation facility.

The DoD in April this year told Lynas of its intent to award a Phase 1 contract for the separation facility, with the funding to allow Lynas and its joint venture partner Blue Line to complete detailed planning and design work for the construction of the heavy rare earths separation facility, which could lead to further contracts for commercial scale production and operation of a US heavy rare earth separation facility.

Lynas said on Monday that this work would be completed in the 2021 financial year.

“We are very pleased to have singed a contract with the DoD for this Phase 1 work. Heavy rare earths are essential for the high performance magnets used in electric motors, and Lynas has the feedstock, intellectual property, and track record to deliver a heavy rare earths facility in a timely and low risk manner,” said CEO and MD Amanda Lacaze.

The development of a heavy rare earths separation facility is a key initiative of the company’s 2025 growth plan and would provide an expanded production suite as well as the only source of separated heavy rare earths outside of China.

Edited by Creamer Media Reporter

Comments

Showroom

John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 
Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 14 March 2025
Magazine round up | 14 March 2025
14th March 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.139 0.229s - 168pq - 2rq
Subscribe Now