Lynas Rare Earths
Coverage of Lynas Rare Earths in the Nexus archive.
- Rare Earths Giant Lynas Shares Fall to Five-Month Low After Revenue Miss
Lynas Rare Earths Ltd. shares fell to a five-month low after the company, Australia’s largest rare-earths producer, reported quarterly sales that missed analysts’ expectations.
- Australia’s Lynas partners South Korea’s JS Link for Malaysian magnet factory
Lynas Rare Earths of Australia partnered with South Korea’s JS Link to establish a magnet factory in Kuantan, Malaysia. Lynas will supply materials to JS Link’s factories in South Korea and Malaysia until January 2038, building on a previous collaboration.
- Malaysian lawmakers to hold hearing on Lynas-U.S. rare earths deal
A Malaysian parliamentary committee will hold a hearing on July 16 to discuss a $96 million rare earths supply deal between Australia's Lynas Rare Earths and the U.S. Department of Defense. The deal was signed earlier this year, and the hearing follows a statement by a senior Malaysian lawmaker on July 6.
- A mining billionaire made a major bet on SpaceX — and is eyeing potential ties to Musk's company
Australian mining billionaire Gina Rinehart's Hancock Prospecting invested over $1 billion in SpaceX's IPO, with potential future collaborations in critical minerals. The investment aligns with Rinehart's existing stakes in rare-earth producers Lynas Rare Earths and MP Materials.
- Lynas rare earth deal with Pentagon triggers outcry in Malaysia
Lynas Rare Earths has secured a deal with the Pentagon to supply rare earth elements, but this agreement has sparked significant controversy and outcry in Malaysia. The deal raises concerns among Malaysian stakeholders about national interests and the country's rare earth resources.