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DOD to invest $258M in Texas REE plant

Metal Tech News - August 2, 2023

Lynas to apply the Pentagon funds to develop the first heavy rare earths separation facility outside of China.

Continuing its heavy investments into America's critical mineral supply chain, the U.S. Department of Defense has allocated roughly $258 million to support development of the Lynas U.S. Rare Earths processing facility in Texas, which is more than double the original $120 million price tag...

 
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