
Lynas to supply rare earth magnets to US
Lynas to supply rare earth magnets to US Noveon Magnetics and Lynas Rare Earths (ASX: LYC) have signed a memorandum of understanding (MOU) to establish a scalable and domestic US supply chain for rare earth permanent magnets. Under the agreement, the companies will collaborate to develop a rare earth value chain in the US from the supply of separated rare earth oxides to the manufacturing of rare earth permanent magnets to serve key US defence and commercial customers. The scope of the...










