News News
Contact us
  • Customer service number:64321087
  • Commercial service telephone:13918059423
  • Technical service telephone:13918059423
  • Contact person: Mr. Cui 
  • Service email:shxtb@163.com
  • Address: room 107, building 8, no. 100, guilin road, xuhui district, Shanghai

Pentagon, Lynas sign contract to kick off design work for U.S. rare earths facility

The date of: 2020-07-27
viewed: 2

source:WHTC News

(Reuters) - Rare earth producer Lynas Corp said on Monday it signed a contract with the U.S. Department of Defense to begin initial design work for its heavy rare earth separation facility in Texas that the Pentagon is providing initial funding for.

The 'Phase 1' funding forms part of a concerted effort by Washington to reduce the United States' reliance on China as the world's largest producer of the strategic minerals used to make missiles, cell phones to a ranger of other high-tech equipment.

Lynas, the largest rare earth producer outside China, expects to finish the planning and design work for the facility in fiscal 2021.

The facility will process heavy rare earths sourced from Lynas' flagship Mt Weld mine in Western Australia, which the company says will then become the 'only source of separated Heavy Rare Earths outside China.'

(Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Kim Coghill)



Hot News / Related to recommend
  • 2020 - 09 - 30
    Click on the number of times: 4
    金秋送爽,天高云淡。中秋国庆佳节来临之际,上海市稀土协会祝大家双节快乐,身体健康,万事如意!
  • 2020 - 01 - 22
    Click on the number of times: 3
  • Copyright ©Copyright 2018 2020 Shanghai rare earth association All Rights Reserved Shanghai ICP NO.05017621
    the host:Shanghai Association of Rare Earth the guide:Shanghai Development and Application Office of Rare Earth the organizer:Shanghai rare earth industry promotion center
    犀牛云提供云计算服务