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The Rare Earths — Magnets for Everything · The Rocks & Powders — Critical Materials

LYC.AX

Lynas Rare Earths
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Only at-scale ex-China rare-earth miner + refiner

What they do

Australian miner that operates the only commercial-scale rare-earth refining facility outside China — in Malaysia. Building a second refinery in Texas (Lynas USA, ~2026 first production) with US Department of Defense partnership. Owns the Mount Weld mine in Western Australia, one of the highest-grade rare-earth deposits on Earth.