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03 Aug
15:39

Lynas Rare Earths plans major expansion of Mt Weld mine, concentrate plant

Lynas Rare Earths is announcing an AUD 500 million ($346.7m) expansion of its Mt Weld mine and concentrate plant in Western Australia to meet the growing demand for rare earths, Kallanish reports. The project will enable the Australia-based company to expand its neodymium and praseodymium production to 12,000 tonnes/year with additional expansion potential. The money will come from the company’s cashflow. The project calls on increasing available feedstock a…
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