Kelantan Govt Seals Rare Earths Pact with Lynas

Kelantan govt seals rare earths pact with Lynas

Australian mining company working on a deal to develop the east coast state’s valuable rare earth resources.

Rare earths breakthrough: Malaysia brings first production outside China, West now hopes - Economic Scenarios

Last week, Australian company Lynas Rare Earths produced heavy rare earth elements (HREEs) on a commercial scale in Malaysia, marking the first time this has happened outside of China. This breakthrough, which includes elements such as dysprosium and terbium, is no small feat in a market dominated by China, which is responsible for approximately 60% of global rare earth production and virtually 100% of global HREE supply . Rare earth elements (R…