BRIEF-Lynas Rare Earths To Develop Metal Making Partnership With LS Eco Energy

- Lynas Rare Earths Ltd LYC.AX:

  • LYNAS TO DEVELOP METAL MAKING PARTNERSHIP WITH LS ECO ENERGY

  • AND LS ECO ENERGY PLAN LONG-TERM METAL PROCESSING ARRANGEMENT IN VIETNAM

  • ENTERS FRAMEWORK AGREEMENT WITH LS ECO ENERGY FOR RARE EARTH METALS PARTNERSHIP

  • NEW FACILITY TO ENABLE LYNAS TO SUPPLY METALLISED NDPR, SAMARIUM, DYSPROSIUM, TERBIUM

  • SAMARIUM METAL PRODUCTION TO BE FIRST PRIORITY AT NEW FACILITY

  • FRAMEWORK AGREEMENT INCLUDES CROSS-SUBSCRIPTION OF CONVERTIBLE INSTRUMENTS VALUED AT AUD$30M EACH


Further company coverage: LYC.AX