Lynas Rare Earths has raised $A750 million ($488 million) for expansion, but its facility in Texas continues to struggle.
Credit: Science History Images/Alamy Stock Photo
Lynas Rare Earths’ Pentagon-backed Texas plant is struggling even as the Australian company is expanding elsewhere to reduce dependency on China for strategic metals. In an Aug. 28 call with investors, Lynas—the world’s largest rare earths producer outside China—announced an A$750 million ($488...
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