Lynas Rare Earths

Awards received3

• Letter of intent to purchase light and heavy rare earth oxides

  Mar 16, 2026 · Other

  From U.S. Department of Defense
  Up to $96.0M

  Ceiling
• DPA Title III light rare earth separation, Texas

  Feb 1, 2021 · Cooperative agreement

  From U.S. Air Force

  Confirmed
  Up to $30.4M

  Ceiling
• Heavy rare earth separation facility in Texas (Cornerstone OTA)

  Undated · OTA

  From U.S. Department of Defense

  Confirmed
  $116M

  Obligated · up to $258M ceiling

Produces, processes or develops3

• Dysprosium and terbium

  Produces · Lynas Malaysia advanced materials plant

  Expansion to separate up to 5,000 t/yr of heavy rare-earth feedstock; stated nameplate includes Tb 50 t/yr and Dy 250 t/yr.

  CriticalConfirmed
• Mixed rare-earth concentrate

  Produces · Mt Weld mine and concentration plant

  HighConfirmed
• NdPr oxide

  Produces · Lynas Malaysia advanced materials plant

  FY2026 (to 30 June 2026) NdPr production was 7,260 t, per the company's annual results; output, not nameplate capacity.

  CriticalReported

Customers2

• Noveon Magnetics

  Supplies Rare-earth elements

  MoU covering light and heavy rare-earth materials.
• U.S. Department of Defense

  Supplies NdPr oxide

  Letter of intent; about $96M over four years for light and heavy rare-earth oxides.

Profile1

1. 1
   OtherLynas - Wikipedia

   Supports Organization · founded year

   “The company was founded in 1983 as Yilgangi Gold NL.”

Technologies1

1. 2
   CompanyUS Markets

   Lynas Rare Earths · Supports Organization, Organization technology

   “Lynas Rare Earths is the world's only commercial producer of separated Light and Heavy rare earth oxides outside of China.”

Government5

1. 3
   NewsLynas one step closer to supplying rare earths to US War Department

   Mining Weekly · Mar 16, 2026 · Supports Government award, Supply relationship

   “about $96-million allocated by the US government for the purchase of light and heavy rare earth oxide products from Lynas over a four-year period.”

2. 4
   Government recordFPDS: Other Transaction Agreement W52P1J2293002 (Lynas USA LLC)

   FPDS-NG · Aug 15, 2025 · Supports Government award · obligated amount

   “OTHER TRANSACTION AGREEMENT W52P1J2293002 (P00007) awarded to LYNAS USA LLC, was modified for the amount of -$123,513,485.94; Description: HEAVY RARE EARTH ELEMENTS - DE-OBLIGATE FY24 FUNDS FROM PHASE III.; Total obligated: 115735384.00; Total base and all options: 258249914.94”

3. 5
   CompanyU.S. DoD Strengthens Support for Lynas U.S. Facility

   Lynas Rare Earths · Aug 1, 2023 · Supports Facility, Government award

   “A contribution by the U.S. Government of approximately US$258 million is currently allocated to the Project. This is an increase from the approximately US$120 million announced in June 2022.”

4. 6
   Government recordDOD Announces Rare Earth Element Award to Strengthen Domestic Industrial Base

   U.S. Department of Defense · Feb 1, 2021 · Supports Government award

   “Lynas will establish LREE separation capacity in Hondo, Texas. Under the technology investment agreement, the Department of Defense is contributing $30.4 million”

5. 7
   Government recordAward FA86502125501

   USAspending.gov · Supports Government award

   “Award Amount: 0.00; Awarding Sub Agency: Department of the Air Force; Description: DEFENSE PRODUCTION ACT (DPA) TITLE III RARE EARTH ELEMENTS SEPARATION AND PROCESSING”

Supply chain8

1. 8
   NewsLynas Rare Earths posts record FY26 profit and revenue as growth ramps up

   The Motley Fool Australia · Aug 26, 2026 · Supports Organization input

   “ready-for-sale rare earth oxide (REO) output up 25% to 13,089 tonnes and neodymium-praseodymium (NdPr) production up 11% to 7,260 tonnes”

2. 9
   Regulatory filingLynas announces expanded Heavy Rare Earths separation facility in Malaysia

   Lynas Rare Earths (ASX) · Oct 29, 2025 · Supports Facility, Organization input

   “processing capacity to separate up to 5,000 tonnes per annum of HRE feedstock”

3. 10
   NewsAustralia's Lynas partners with Noveon to supply rare earth magnets in US

   Reuters · Oct 8, 2025 · Supports Supply relationship

   “The deal includes provision of both light and heavy rare earth materials and the production and supply of finished magnets to end-users across defense, automotive and industrial sectors.”

4. 11
   NewsLynas opens first rare earths processing facility in Australia

   Global Mining Review · Nov 12, 2024 · Supports Facility

   “Lynas opens first rare earths processing facility in Australia”

5. 12
   NewsLynas updated contract for heavy rare earths facility

   Mining Technology · Aug 2, 2023 · Supports Facility

   “Lynas said it has purchased a 149-acre greenfield site in Seadrift, Texas, for the planned heavy rare earths facility”

6. 13
   OtherMount Weld mine

   Wikipedia · Supports Facility · lat, Facility · lng

   “-28.86000; 122.54778”

7. 14
   CompanyLynas Rare Earths

   Lynas Rare Earths · Supports Facility, Organization, Organization input

   “our 100-hectare advanced materials plant in Gebeng, Malaysia”

8. 15
   CompanyKalgoorlie, Western Australia

   Lynas Rare Earths · Supports Facility

   “the rare earths concentrate moves through a cracking and leaching process to produce a Mixed Rare Earths Carbonate (or MREC)”