LYC 1.30% $7.61 lynas rare earths limited

News: LYC INSIGHT-World battles to loosen China's grip on vital rare earths for clean energy..., page-15

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    That info re original refinery "Plans for Australia's Lynas to build a U.S. rare earths refinery with a Texas-based partner have collapsed" was a earlier idea that just did not get off the ground with Blue Line. "In 2019, the pair agreed to build refining facilities near San Antonio, Texas and discussed with Trump administration officials their plans to be "the only large scale producer of separated (rare earth elements) in the world outside of China," according to emails obtained by Reuters. But that effort, funded in part by the Pentagon, has since collapsed,"
    But now Lynas with better funding will build a new refinery again in Texas: "Meanwhile, Lynas this week updated plans for other refining facilities it is building along the Texas coast with $258 million in Pentagon funding." That is my take on it.
 
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