Name of the Project
Heavy rare earth (HRE) separation facility.

Location
Malaysia.

Project Owner/s
Lynas Malaysia, a subsidiary of Australia-headquartered Lynas Rare Earths.

Project Description
The new HRE facility will have processing capacity to separate up to 5 000 t/y of HRE feedstock and will build on Lynas’s proven ability to produce HRE oxides in commercial quantities, a capability that is unique outside of China.

Feedstock for the facility will come from Lynas’ high-grade Mt Weld rare earths deposit, which contains light and heavy rare earths, and from other sources to be developed, such as ionic clay rare-earth deposits, in Malaysia. 

Processing capacity will be incrementally added, with the capacity for the initial suite of separated HREs forecast to be available within two years. The initial flowsheet includes separated samarium, gadolinium, dysprosium, terbium, yttrium and lutetium. Investment in further flowsheet enhancements to produce additional HRE products, in particular europium, holmium, ytterbium and erbium, will be considered, based on commercial agreements that provide an appropriate return on the additional investment.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not disclosed.

Capital Expenditure
About A$180-million.

Planned Start/End Date
The timeline for construction of the new facility is subject to regulatory approvals. The facility will deliver priority products first, with first production of samarium from Mt Weld feedstock forecast for April 2026.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None disclosed.

Contact Details for Project Information
Lynas Rare Earths, tel +61 8 6241 3800 or email media@Lynasre.com/investorrelations@Lynasre.com.