Lynas Rare Earths chief Amanda Lacaze says she isn't relying on the White House to crack the US market, as offtake talks drag and its proposed Texas plant looks “unlikely to proceed”.
Lynas Rare Earths has blasted “unpredictable” and escalating power disruptions in Kalgoorlie, saying they have stifled its quarterly production amid heightened demand for its product.
Amanda Lacaze says it's vital that governments protect the existing rare earths supply chain, with Lynas Rare Earths at its core, as taxpayer funds flow to new developers
Lynas Rare Earths is investing $180 million in expanding its heavy rare earths production capacity and product range to meet heightened demand for the critical mineral outside of China's grasp.
Australia's critical minerals sector is gaining momentum as US–China trade tensions escalate, prompting new deals, investment and government action to secure new supply chains.
Eastern Goldfields miner Lynas Rare Earths has shaken hands with a US manufacturer to build a non-China supply chain for rare earth magnets, with defence customers to be given top priority.
Lynas Rare Earths will raise as much as $815 million to accelerate its growth, as it pushes to capitalise on a growing appetite outside China for rare earth products.
The value of Gina Rinehart's rare earths portfolio has more than tripled to about $2.69 billion on a share price rally since the sector was upended and governments intervened to break China's stronghold.
Bulls N' Bears ASX Runner of the Week is… OD6 Metals, after it unveiled a low capex, lower-cost product from its mammoth Splinter Rock rare earth project near Esperance. Mount Ridley Mines rode the rare earths coattails based on its nearology to OD6 in the rare earths region, ActivePort Group launched an Australian first private cloud superhighway and Energy Transition Minerals shot up on a 60 Minutes story on its monster Greenland rare earths project.
Arafura Rare Earths boss Darryl Cuzzubbo has beckoned the prospect of a price floor in the government's critical minerals stockpile, which he says could break China's price control.
Global trade turmoil is driving a significant increase in demand for Lynas Rare Earths' products, as the WA miner is the largest rare earths producer outside of China's dominant control of the market.
This week's Bulls N' Bears ASX Runners of the Week is… Yandal Resources, after the company identified a gold discovery of potentially massive scale in one of WA's prolific gold belts. Imagion shot up on positive talks with the US FDA on its Phase 2 breast cancer imaging technology, Falcon intercepted some of the highest grade gold in Australian drilling this year and Bayan scooped up a strategic rare earths project next to the world-class Mountain Pass mine.
The United States Department of Defense will join Gina Rinehart on the share registry of US-listed rare earths producer MP Materials, in a bid to secure its critical supply chains.
Lynas Rare Earths chief Amanda Lacaze has weighed in on Gina Rinehart's role in the failed $10 billion mega-merger of her company and MP Materials, which broke down last year.
Amanda Lacaze says she's in talks with the US government over who will pick up a tab at its delayed Texas project as the US-China trade war presents challenges for Lynas Rare Earths.
Critical minerals miners have overwhelmingly welcomed Anthony Albanese's scarcely-detailed pledge to build a stockpile that could be used as a bargaining chip in trade negotiations.
Lynas Rare Earths' profit has plummeted 85 per cent as challenging market conditions for the China-dominated critical mineral continue to weigh on the producer and processor.
An annual processing limit on Lynas Rare Earth's Malaysian operations impacted production, but the Amanda Lacaze- steered company still lifted revenue for the last quarter.
Lynas Rare Earths has pointed to positive moments in the rare earths price market in recent months after "stubbornly low" prices impacted its full-year results.
ANALYSIS: The Diggers & Dealers Mining Forum is typically focused on geology. On its first morning this year, however, keynote speaker Kim Beazley flipped the script.
Mark Beyer and Jack McGinn discuss corporate governance at Fortescue and Qantas; Woodside's ammonia buy; all the news out of Diggers & Dealers; Iplex's class action; and a big week for global markets.
Former Western Australian governor and federal defence minister Kim Beazley has called for Australia to “play the same game” as China in securing supply of the nation's rare earths output.
Business News has significantly overhauled the BN30 index, a proxy for the WA economy, with seven new additions, prompted by the exit of takeover targets MMA Offshore, APM and Decmil.
Stubbornly low prices continue to weigh on Lynas Rare Earths' revenue and production, while it assesses acid supply options following the BHP Nickel West fallout.
The fallout from BHP mothballing its Nickel West operations has had a ripple effect through engineering and haulage contractors, fellow miners, airlines and power suppliers.
St George Mining has defined a promising 2.1km-diameter high-density circular intrusive at its Destiny project in WA's Eastern Goldfields via a follow-up gravity survey designed to identify potential rare earths-rich carbonatite targets. The company says the geophysical characteristics of the gravity anomaly are consistent with a potentially-mineralised intrusive body that could be similar to other local structures known to host rare earths and related mineral suites.
St George Mining is planning to launch a grid-spaced gravity survey next month at its intriguing C1 rare earths prospect at the company's Destiny project, about 100km south-west of the Western Australian mining town of Kambalda. The company will conduct a grid-spaced 200m-by-200m gravity survey that has been designed to home in on discrete targets within the prominent magnetic and gravity-high core of C1.
Mark Beyer and Mark Pownall discuss the federal budget's mining support, Santos and Quintis job cuts, live sheep exports, property development approvals, NWQ Capital Management, and Clough's journey under Peter Bennett.
St George Mining's latest gravity survey program has unveiled four compelling targets with coincident high gravity and prominent magnetic features at its Destiny project, about 100km south-west of the small Western Australian mining town of Kambalda. The high gravity signatures indicate the potential for similar carbonatite or mafic intrusions found recently to host highly-valuable minerals such as niobium or high-grade rare earths.
Arafura Rare Earths remains confident of achieving a final investment decision for its Northern Territory-based Nolans project by the end of this year.
Lower commodity prices have played a role in Lynas Rare Earths revenue taking a hit in the March 2024 quarter, along with news that the cost of its Kalgoorlie processing facility is set to rise.
The door has been kicked open for Lycaon Resources to start exploring its Stansmore niobium-rare earths project in Western Australia's West Arunta region after it secured consent from Mines Minister, David Michael. The company says the approval will allow it to start exploration programs, including heritage and gravity surveys and drilling campaigns, on a site designated for the use and benefit of its Aboriginal inhabitants.
Mark Pownall and Jack McGinn discuss subsidy warnings; WA Labor's next generation; Hancock's Lynas stake, tailings clean up, Minderoo job cuts, Macmahon's move for Decmil and Inpex's Ichthys decision.
