US govt signs $120 mln deal to help fund Lynas rare-earths plant in Texas

By Davide Ghilotti
Published: Tuesday, 14 June 2022

Australian rare earth producer Lynas will build a processing plant in the United States after signing a funding agreement with the country’s government to support the setup of domestic US rare-earth capacity.

Lynas announced an agreement between its US subsidiary, Lynas USA LLC, and the US Department of Defense for a total of $120 million in government funding that will go into...

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