Lynas Rare Earths Ltd Overview
Company Headquarters: Kuantan, Malaysia
Founded: 1983
Workforce: ~1,000
Company Working: Lynas Rare Earths Ltd is one of the leading producers of separated Rare Earths. The rare earth deposit in Mt Weld, Western Australia, is acknowledged as one of the world's highest-grade rare-earth mines. The company operates the world’s largest single rare earth processing plant in Malaysia. Lynas Rare Earths Ltd rare earth oxides are mined and initially processed at Mt Weld Concentration Plant. The materials are supplied to a 100-hectare advanced materials plant in Gebeng, Malaysia, where the concentrate is separated and processed to produce high-quality rare earth materials.
Strategy
Lynas Rare Earths Ltd is focusing on expanding its industrial footprint with a planned rare earth processing facility in Kalgoorlie, Western Australia. The rare earth elements of Lynas Rare Earths Ltd are used in many high-tech and future-facing industries, including electronics, wind turbines, catalytic converters, and electric and hybrid motor vehicles. Lynas Rare Earths Ltd also provides the products to its customer with assured provenance from mine to finished product.
