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Lynas, JS Link sign Malaysian magnet factory deal

By Emily Coles

Tuesday, 7 July 2026
NewsProjects & Operations
Lynas Rare Earths (ASX: LYC) will invest $50m to support development of a rare earth permanent magnet factory in Malaysia under a partnership with JS Link.

The MOU supports Metallium’s plan to develop a national network of e-waste processing facilities, strategically located near major e-waste collection hubs, rapidly expanding U.S. data centre industrial parks and regional industrial corridors with strong logistics and waste generation.

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