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”.
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.
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.
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.
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.
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.
The number of women running ASX300 companies has stagnated in the past year with a survey also showing multiple WA companies have no women in their executive leadership group.
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.
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.
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.
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.
Shares in Lynas Rare Earths were slightly up on Monday, despite news the company's net profit after tax for the first half of the 2024 financial year was down 74 per cent.
Lynas Rare Earths' shares are surging after it secured a variation allowing it to continue importing and processing lanthanide concentrate from its Malaysian facility.
Hancock Prospecting has labeled proposed federal industrial relations reform unclear and claimed it could delay the development of the Ridley magnetite project by four years.
The projected budget to build Lynas Rare Earths' Kalgoorlie processing facility has escalated to $780 million, up from the previous estimation of $575 million.
Lynas Rare Earths chief Amanda Lacaze ends the absence of female speakers at Diggers & Dealers, calling for more infrastructure investment to foster domestic critical minerals efforts.
Rare earths from Western Australia will be processed in Texas for defence and industrial needs under an updated contract with the United States government.
Falling demand in North Asia for elements used in industrial magnets, electric cars and defence technology have taken the shine off a production record for Lynas Rare Earths.
Lynas Rare Earths has secured a major funding boost from a Japanese government-backed entity on the proviso that Japanese customers are given priority in future.
Lynas Rare Earths chief executive Amanda Lacaze plans to take legal action over conditions in the company's Malaysian licence that could force the closure of part of its processing operations.
Lynas Rare Earths has reported a bolstered sales revenue of $232.7 million in the December quarter, while its Malaysian operation hinges on a contract extension.
The Amanda Lacaze-led miner is celebrating a record profit on the back of higher rare earths prices ahead of a year of big investment into expanding production capacity.
Lynas Rare Earths plans to substantially expand production capacity at its Mt Weld mine, adding to a big investment it is already making in downstream processing in the Goldfields.
