Lynas Rare Earths Advances Defense Role With New Samarium Oxide Output
Lynas Rare Earths (ASX:LYC) has produced its first samarium oxide at its Malaysian facility ahead of schedule. The company is now the only commercial producer of samarium oxide outside China. Samarium oxide is used in advanced defense technologies, including components for F-35 jet fighters. The milestone adds to Lynas' existing production of terbium and dysprosium and forms part of its "Towards 2030" growth plan. Lynas Rare Earths (ASX:LYC) operates across the rare earths value chain, from...
Lynas Rare Earths (ASX:LYC) has produced its first samarium oxide at its Malaysian facility ahead of schedule. The company is now the only commercial producer of samarium oxide outside China. Samarium oxide is used in advanced defense technologies, including components for F-35 jet fighters. The milestone adds to Lynas' existing production of terbium and dysprosium and forms part of its "Towards 2030" growth plan. Lynas Rare Earths (ASX:LYC) operates across the rare earths value chain, from...