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Lynas Rare Earths lands $120M DoD deal

To build a heavy rare earth element separation facility in Texas Metal Tech News – June 15, 2022

The United States Department of Defense is investing US$120 million to fund a heavy rare earths separation facility to be owned and operated by Lynas USA LLC, a subsidiary of Australia-based Lynas Rare Earths Ltd. This facility is to be built alongside a light rare earths separation facility that is being co-funded by the Pentagon and Lynas.

"The U.S. Government's selection of Lynas for this strat...

 

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