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Lynas Corporation Limited announced on 22 April 2020 that it has been advised by the U.S. Department of Defense of the DoD’s intent to award a Phase I contract for a U.S. based Heavy Rare Earth separation facility to Lynas. Lynas has subsequently seen media reports in the U.S. of political debate on the merits of supply from the U.S., supply from U.S. allies, and supply from other sources. Lynas remains one of two companies selected for Phase 1 of the project, however Lynas understands that the U.S. government’s progress on Phase 1 is currently on hold while those political issues are addressed. We are committed to developing our Heavy Rare Earth separation facility and work is continuing on the plant design and engineering. We continue to regard our Heavy Rare Earth separation facility as an attractive strategic project.- yes, but the orange comb-over is an impediment.
Lynas Corporation Limited announced on 22 April 2020 that it has been advised by the U.S. Department of Defense of the DoD’s intent to award a Phase I contract for a U.S. based Heavy Rare Earth separation facility to Lynas.
Lynas has subsequently seen media reports in the U.S. of political debate on the merits of supply from the U.S., supply from U.S. allies, and supply from other sources.
Lynas remains one of two companies selected for Phase 1 of the project, however Lynas understands that the U.S. government’s progress on Phase 1 is currently on hold while those political issues are addressed. We are committed to developing our Heavy Rare Earth separation facility and work is continuing on the plant design and engineering. We continue to regard our Heavy Rare Earth separation facility as an attractive strategic project.
- yes, but the orange comb-over is an impediment.
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