Established 1835
RESOURCE STOCKS
✕
PROJECT FINANCE

US government doubles funding for Lynas Rare Earths

Lynas signed an updated contract with the US Department of Defence (DoD) to construct a heavy rare earths processing facility in Texas.

Isabeau van Halm
Lynas' Mt Weld mine in Western Australia. Source: Lynas Rare Earths

Lynas' Mt Weld mine in Western Australia. Source: Lynas Rare Earths

The US government's contribution was updated to around US$258 million, a more than double increase from the $120 million initially announced in June 2022. According to Lynas, the contract is expenditure-based,...

Start a free trial to continue reading this article

Already have an account?

Subscribe now
RELATED ARTICLES
MORE ON THIS TOPIC

FROM OUR PARTNERS

View more
PARTNER CONTENT

Macquarie Arc: Elephants hiding in plain sight

PARTNER CONTENT

BHP builds 'beautiful' Xplor community

MOST POPULAR
1
M&A

Greatland gets FIRB approval for Telfer-Havieron buys

2
ESG

Rio Tinto cancel plan for a new iron ore deposit in the Pilbara, blame Ghost Bats

3
MINERS

Pilbara to repay taxpayer debts with new $1B facility

4
MINERS

Newmont, PAMPS launch 1oz traceable bar

RESEARCH

lock Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

Content
about
SOLUTIONS
legal

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Media Ltd. All rights reserved. Aspermont Media is a company registered in England and Wales. Company No. 08096447. VAT No. 136738101. Aspermont Media, WeWork, 1 Poultry, London, England, EC2R 8EJ.

Login