Article from SteelGuru
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Lynas to supply over 50% of rare earth products for Japan
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Lynas to supply over 50% of rare earth products for Japan
JMB reported that Australian rare metal producer, Lynas Corporation supplies rare earth products to Japanese market with 3 to 5 years contract by developing Mt Weld mine in Western Australia.
The firm already started construction of concentration plant in Australia and plant in Malaysia to process and refine concentrate from Australia.
Mr Nicholas Curtis executive chairman of Luncas Corporation said the firm starts the commercial production in July to September 2009 and the sales to Japanese customers would represent more than half of the total sales.
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