LYNAS Rare Earths Ltd. will expand its processing capacity of so-called heavy rare earths at its Malaysian refinery to meet increasing demand for the metals key to robotics, advanced tech and military applications.
The company, which is the only supplier of both light and heavy rare earth oxides outside China, will build a new separation facility at its plant, it said in a statement Wednesday. It will use ore from its Mount Weld mine in Australia as well as other sources from Malaysia.
