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Lynas Signs Technical Co-Operation Agreement and Extends Rare Earths Supply Contract with Rhodia
Lynas Corp. has extended a contract with Rhodia for the supply of Mount Weld rare earths to be produced by subsidiary Lynas Malaysia, from five years to ten. The contracted quantities account for a significant portion of the cerium and heavier rare earths, including europium and terbium, as well as other products such as lanthanum from the Lynas processing plant's initial 11,000 tonnes REO capacity, due to commence production in the first half of 2011. In addition Rhodia and Lynas Malaysia have signed a technical co-operation agreement which outlines technical support to be provided by Rhodia for the separation and product finishing sections of the advanced material plant during the operations planning, commissioning and ramp up