Lynas to set up plant in WA as it abandons plans for Malaysia facility

Rare earths miner Lynas on Tuesday told shareholders that it would relocate a planned processing facility from its Kuantan operations in Malaysia, to its operations in Western Australia.

Speaking at an investor conference, CEO and MD Amanda Lacaze noted that the cracking and leaching facility formed part of a greater A$500-million growth initiative that would see Lynas produce 10 500 t/y of neodymium and praseodymium (NdPr) by 2025.