
Lynas Rare Earths awarded $20m government grant
Lynas Rare Earths (ASX:LYC) has been awarded a $20m grant under the Australian Government’s Modern Manufacturing Initiative — Manufacturing Integration Stream. The grant will be used to fund the development of a new capability that processes apatite-rich ores from the Mt Weld ore body in WA. This process contains two circuits and the grant will partially fund the apatite leach circuit at Mt Weld. Developed in collaboration with the Australian Nuclear Science and Technology Organisation (ANSTO) and Mt Weld Mining — a subsidiary of Lynas — the process is expected to deliver significant benefits. Benefits include the creation of 90 jobs and Lynas will further engage with Australian universities to support ongoing process optimisation of the apatite leach circuit and…









