June 27 (Reuters) - Australia's Lynas Corp (LYC) said on Thursday it signed a 10-year extension to a loan agreement with its long-time Japanese lenders, increasing its commitment to supply rare earths to Japanese customers.
Lynas said the loan extension is key to ensuring that the world's only major rare earths producer outside China remains a profitable and reliable supplier to Japan.
News: LYC Australia's Lynas extends loan facility with Japanese company
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