Tag: LYC

Rare earths Trump national emergency Australia supply REE China

Trump declares rare earth emergency, Australia gets ready to supply

Securing rare earth supply is now near the top of the defence agenda in Washington with US President Donald Trump signing an executive order declaring a national emergency and calling for a boost in d...
Rare earths Australia mining resources China Africa

Australia in box seat to become world’s new rare earths powerhouse

China now produces 80% of the world’s neodymium-praseodymium output, a combination of rare earth metals vital to the manufacture of high strength permanent magnets. These magnets are used in drivet...
Lynas Corporation US Department of Defense Blue Line heavy rare earth separation facility ASX LYC

Lynas wins US military tender as America moves to rebuild rare earth industry

Lynas Corp (ASX: LYC) has been told by the US Department of Defence (DoD) it has won a contract to help design a new heavy rare earths (HREE) separation plant after making a submission in December las...
Wesfarmers rare earths takeover bid Lynas Corp ASX WES LYC

Wesfarmers eyes rare earths market with $1.5b takeover bid for Lynas Corp

Wesfarmers Limited (ASX: WES) has made a surprise $1.5 billion grab for rare earths miner Lynas Corporation (ASX: LYC), offering Lynas shareholders a cash price of $2.25 per Lynas share, representing ...

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