The US Department of Defense (DoD) has told rare earths miner Lynas of its intent to award the Australia-based company with a Phase 1 contract for a US-based heavy rare earths separation facility.
The Phase 1 funding will allow Lynas and its joint venture partner Blue Line to complete detailed planning and design work for the construction of the heavy rare earths separation facility, which could lead to further contracts for commercial scale production and operation of a US heavy rare earth separation facility.