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KUALA LUMPUR: Lynas Malaysia, a wholly-owned unit of Lynas Rare Earth s Ltd , is targeting the first production of two separated heavy rare earth s products in 2025.
"A new process will produce separated dysprosium and terbium at Lynas Malaysia for the first time, and will complement Lynas’ existing light rare earths product range," the Australian rare-earths mining company said in a statement today.Dy and Tb are both essential to high-performance rare earth permanent magnets used in electric vehicles and high-tech applications such as micro-capacitors which are essential to all electronic devices.
Lynas said the reconfiguration of one of Lynas Malaysia’s solvent extraction circuits will facilitate the production of Dy and Tb."Front-end engineering design has been completed and detailed engineering design is underway, with commissioning and ramp-up expected in the middle of 2025," it said. "Both Lynas Malaysia and the planned US rare earths processing facility have been designed to accept third party feedstocks as they come online," it said.
Lynas Rare Earth Capex Amanda Lacaze
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