Lynas Rare Earth Plant Could End China’s Grip on Rare Earths

Adelaide Now reported that Lynas Corp.’s (ASX:LYC) Malaysian rare earth plant will be able to process a significant amount of the world’s demand for rare earths.

As quoted in the market news:

The plant will be able to process an initial 11,000 tonnes of rare earths per year – about a third of current world demand, excluding China – once output begins in the middle of the year, and eventually 22,000 tonnes annually, Lynas says.

Click here to read the full Adelaide Now report.