"targeting first production of two separated heavy rare earths products in the 2025 calendar year"
"new process will produce separated dysprosium and terbium"
"both essential to high performance rare earth permanent magnets used in electric vehicles and high-tech applications"
"reconfiguration of one of Lynas Malaysia’s solvent extraction circuits will facilitate the separate production of dysprosium and terbium"
"new circuit is designed with capacity to separate up to 1,500 tonnes of SEGH per year"
"FEED has been completed and detailed engineering design is underway"
"commissioning and ramp up expected in mid-2025"
"the approximately $25 million CAPEX for this project will be accommodated within the previously disclosed Lynas Malaysia industrial plan"
https://mining.beehiiv.com/p/jims-mining-letter-june-27-2024
Worth reading
"targeting first production of two separated heavy rare earths...
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