US EditionRare earth production outside China 'major milestone'
- In 2025, the Australian company Lynas became the first commercial producer to refine heavy rare earth elements beyond China's borders at its facility in Malaysia.
- This output follows extensive Chinese dominance in rare earths supply chains, which control over 60 percent of mining and 92 percent of refining worldwide.
- Lynas has increased processing capabilities at its Malaysia facility to handle a substantial volume of heavy rare earth elements annually and intends to begin refining terbium soon, while also progressing with a new plant in Texas amidst concerns about rising costs.
- Neha Mukherjee called this a "major milestone" signaling progress, though experts like Jon Hykawy noted Lynas' ore contains limited heavy rare earths, restricting production size.
- Despite Lynas' advancement, global diversification remains necessary as China retains dominance, and other projects must prove viable to shift supply balance meaningfully.
59 Articles
59 Articles
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HTF MI recently introduced Global Rare Earth Materials Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market size (2025-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Major Companies in Rare Earth Materials Market are: Lynas Corporation, MP Materials, China Northern Rare Earth Group, Chin…
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