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...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.