Lynas Extends JARE Deal And License As Valuation Stretches Higher
Lynas Rare Earths (ASX:LYC) has extended its long term supply agreement with Japan Australia Rare Earths (JARE) through to 2038. The agreement includes firm demand and market linked pricing mechanisms for key rare earth materials supplied to Japanese customers. Lynas has also received a 10 year renewal of the operating license for its Malaysian processing facility. Lynas Rare Earths, one of the key non Chinese suppliers of rare earth materials, sits at the center of demand from sectors such...
Lynas Rare Earths (ASX:LYC) has extended its long term supply agreement with Japan Australia Rare Earths (JARE) through to 2038. The agreement includes firm demand and market linked pricing mechanisms for key rare earth materials supplied to Japanese customers. Lynas has also received a 10 year renewal of the operating license for its Malaysian processing facility. Lynas Rare Earths, one of the key non Chinese suppliers of rare earth materials, sits at the center of demand from sectors such...