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    market news

    Lynas Seals Rare Earth Supply Agreement with BASF

    Investing News Network
    Sep. 02, 2011 02:00PM PST
    Rare Earth Investing

    Mining Weekly reported that BASF will get its rare earth supply from Lynas Corp’s (ASX:LYC) Malaysian plant.

    Mining Weekly reported that BASF will get its rare earth supply from Lynas Corp’s (ASX:LYC) Malaysian plant.

    The market news is quoted as saying:

    Under the contract, Lynas would supply product from both Phase 1 and Phase 2 of its expansion of the LAMP. The Phase 1 development, which would have a 11 000-t/y rare-earth capacity, was scheduled for first feed during the fourth quarter of this year.

    To read the full market news, click here.

    lynas corpasx:lycmarket news
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