April 22 (Reuters) - Lynas Corporation Ltd (LYC) :
- ADVISED BY U.S. DEPARTMENT OF DEFENSE ON INTENT TO AWARD PHASE I CONTRACT FOR A U.S. BASED HEAVY RARE EARTH SEPARATION FACILITY
- SELECTED BY DOD FOR PHASE 1 OF U.S. HEAVY RARE EARTH SEPARATION FACILITY
- PHASE I FUNDING PROVIDED BY DOD TO ALLOW LYNAS AND BLUE LINE TO COMPLETE PLANNING WORK FOR U.S. BASED HEAVY RARE EARTH SEPARATION FACILITY
- FOLLOWING PHASE I, DOD WILL CONDUCT A MERIT EVALUATION OF LYNAS/BLUE LINE AND ANY OTHER PARTIES SELECTED FOR PHASE I
Source ( https://bit.ly/2Y1XBe1)
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News: LYC Lynas Gets Phase 1 Contract For Heavy Rare Earth separation facility From U.S. DoD
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