
Lynas lines up Mt Weld evolution
Lynas lines up Mt Weld evolution Since 2024, Lynas Rare Earths (ASX: LYC) has had its sights set on meeting surging global demand for rare earths, by advancing its $500m Mt Weld Expansion Project in WA’s Goldfields. The Mt Weld rare earths deposit sits in a two-billion-year-old volcanic plug and is considered one of the world’s most valuable rare earths deposits because of its high grade and predicted long life, containing both light and heavy rare earth elements. Back in August 2022, Lynas announced a $500m capacity expansion project at the mine and concentration plant — global demand for rare earth materials and neodymium magnets had been accelerating, with neodymium magnet...









