Lynas locks in price floor for Japan

By Chloe Coutinho

Wednesday, 11 March 2026

Economics & Commodity PricesNews

Lynas Rare Earths (ASX: LYC) and Japan Australia Rare Earths (JARE) have extended their rare earths supply deal through 2038, locking in a market-linked floor price of US$110/kg for neodymium and praseodymium.

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.

(Image source: Rio Tinto) Sumitomo Metal Mining director, managing executive officer and mineral resources division general manager Hideyuki Okamoto and Rio Tinto Copper chief executive Katie Jackson sign the Winu joint venture agreements in Perth, WA.

Sumitomo swoops in on Winu

Sumitomo sweeps up 30% stake in Winu project Rio Tinto (ASX: RIO) and Sumitomo Metal Mining (SMM) have signed the final joint venture agreements to deliver the Winu copper-gold project in the Great Sandy Desert region of WA. Under the agreements, Rio Tinto will continue to develop and operate Winu and SMM will pay Rio Tinto up to $430.4m for a 30% equity share of the project. This includes $195m up front and up to $235.4m in deferred considerations contingent...

Kwinana lithium hydroxide production declined to 2120kt in Q2.

NewsProjects & Operations

IGO: ‘No pathway’ for Kwinana even as lithium rebounds

A recovery in lithium prices has strengthened IGO’s (ASX: IGO) Greenbushes operation, but the miner says Kwinana remains a high-cost asset with “no pathway” to appropriate returns.

Recycling e-waste could meet a significant portion of global metal demand, supplying up to 10% of copper and 57% of palladium, while reducing reliance on mining and mitigating supply chain risks from unstable regions.

Successful recovery of tin and palladium from electronic waste

Successful recovery of tin and palladium from electronic waste MTM Critical Metals (ASX: MTM) has achieved successful results extracting metals from electronic waste (e-waste) using Flash Joule Heating (FJH). This expands the list of recoverable metals to gold, silver, copper, tin and palladium, confirming the versatility of FJH in efficiently extracting multiple metals from e-waste. This was achieved without the use of toxic acids, recovering approximately 86% of the tin and 82% of palladium content from printed circuit boards (PCBs), a common...

Karora and Westgold expect the merger to create a dual ASX and TSX listed top 5 Australian gold producer.

Final approval for Westgold-Karora merger

Final approval for Westgold-Karora merger Westgold Resources (ASX: WGX) has received final approval for its acquisition of Karora Resources, following a final order from the Ontario Superior Court of Justice in Canada. The merger was previously approved by the foreign investment review board (FIRB) on July 17 and Karora shareholders on July 19. The transaction is expected to become effective on August 1, with Karora shareholders receiving 1.524 Westgold shares, $0.67 (C$0.608) in cash and .3 of a share of Culico Metals for every Karora share held at the effective time. Westgold expects Karora shares to cease...