Australia's Lynas Agrees Potential Rare Earths Deal with South Korea's Ls Eco Energy

Lynas strikes deal to build metals plant in Vietnam

Lynas Rare Earths has linked up with Korea’s LS Eco Energy to work on developing a new factory in Vietnam that would turn the in-demand commodity into metals used in magnets.

Lynas to Develop Rare Earths Metal Production Plant in Vietnam

Lynas Rare Earths Ltd. will join forces with South Korea’s LS Cable & System Ltd. to explore development of a rare earths metals production plant in Vietnam.

Lynas locks in rare earth metal pathway with new partnership

Image: Postmodern Studio/stock.adobe.comLynas Rare Earths has made a step towards strengthening rare earths production capacity following an agreement with LS Eco Energy. The framework agreement establishes a partnership for the production of rare earths through working towards a definitive agreement for long-term metal processing covering a range of Lynas products at LS Eco Energy’s facility in Vietnam. It’s understood this complements Lynas’ e…

Lynas strikes processing pact for new Vietnam facility

Lynas' Mt Weld operation. Image: LynasLynas Rare Earths has entered into a framework agreement with LS Eco Energy, a subsidiary of LS Cable & System, to establish a partnership to produce rare earth metals. The move comes amid growing global demand for rare earth magnets used in electric vehicles, wind turbines and defence applications, alongside increasing focus on diversifying supply chains “Lynas is delighted to work with such a trusted strat…

Lynas agrees potential rare earths deal with South Korea's LS Eco Energy

ustralia's Lynas Rare Earths and South Korea's LS Eco Energy said on Thursday they plan to work together to process rare earths, to help meet demand from customers scrambling to secure non-Chinese sources of the key metals. Under a preliminary agreement, Lynas said it would supply rare earth oxides to a processing plant that LS Eco Energy plans to build in Vietnam, with the South Korean firm looking to then use the metals to make permanent rare …