Commodities
The Australian miner will also ensure the flow of heavy rare earths to Japanese industry
Lynas will make available 75% of the HRE oxides it produces to Japanese industry, with a joint venture commitment to purchase the equivalent of 50% of its HRE product “at prices and terms that represent no opportunity loss to Lynas.” (Screenshot from Lynas website)
CANBERRA — Australian rare earth miner and refiner Lynas has secured important purchase price guarantees in an update to its long-standing arrangement with Japan, the company announced on Tuesday.
