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US Defense Department agrees on rare earths purchase with Lynas at Japan-matched floor price

Staff reporter & Ren-Zhi Fan, Taipei 0

Credit: AFP

Lynas Rare Earths has signed a binding letter of intent to supply rare earth oxides to the US Department of Defense (DOD) over the next four years. According to Lynas, the agreement is valued at US$96 million and covers both heavy and light rare earth...

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