logo
powered-by-canningspurple
Navigation
logo powered-by-canningspurple
  • Insight
  • Companies
    • Artemis Resources
    • BLK Auto
    • BMG Resources
    • ChemX Materials
    • Core Lithium
    • Dreadnought
    • FBR
    • Finbar
    • Focus Minerals
    • Gold Road Resources
    • Hastings Technology Metals
    • Hyzon Motors
    • Jupiter Mines
    • Lykos Metals
    • Mineral Resources
    • Northern Minerals
    • Northern Star
    • NRW Holdings
    • Paydirt
    • Rand Mining
    • Raven SR
    • Rox Resources
    • St George Mining
    • Sundance Resources
    • Tribune Mining
    • Vimy Resources
    • VRX Silica
  • Industries
    • Broking Firm
    • Clean energy
    • Copper
    • Gold
    • Insight
    • Iron ore
    • Lithium
    • Manganese
    • Mining Services
    • Nickel
    • Oil & Gas
    • Property
    • Rare Earths
    • Silica Sand
    • Technology
    • Uranium
    • Zinc
  • Video
  • About
  • Contact
  • Subscribe

Home / Insight / First-mover Lynas setting the scene for WA’s next rare earth miners

    • II

First-mover Lynas setting the scene for WA’s next rare earth miners

  • Insight
  • 14 October

By the time Diggers and Dealers 2023 comes around, Kalgoorlie will be home to Western Australia’s first significant downstream processing plant for rare earth materials, courtesy of Lynas Corporation.


Rounding out the first segment of the final morning of Diggers today, Lynas vice president, upstream Kam Leung gave delegates some insight as to why the world’s second-largest producer of separated rare earth materials had chosen Kalgoorlie as the home for the downstream facility.

Aside from seeking an appropriate location between its Mt Weld mine site and the Port of Fremantle, Mr Leung said Lynas had received a co-investment offer from the City of Kalgoorlie on the day the company released its 2025 strategy (in mid-2019).

“We understood Kalgoorlie wanted the employment and the business but some of the things they could offer, such as land, water, workforce and infrastructure, along with an understanding of what we actually do (by-products we produce and the like), made it an obvious choice,” he said.

Mr Leung said preliminary works were on track to commence early next year, with commissioning pencilled in for around the end of 2022 ahead of ramp-up in 2023, at which point a 200-strong workforce will be required for ongoing operations.

“We’re seeing an increasing focus on resilient supply chains and announcements from a range of governments on support for critical material supply… and we see ourselves as an established producer in a prime position to take advantage of this trend,” he said.

It is an evolving story that WA-based rare earths explorer Hastings Technology Metals would be watching closely, as it concentrates its efforts on developing its Yangibana and Brockman projects, located north-east of Carnarvon and near Halls Creek (respectively).

While more of a secondary focus than primary, Mr Leung made note of heavy rare earths being a key and critical component of that supply chain.

“We have heavy rare earths in our orebody… and we’ve been selling that product into China where it is separated by another party,” he said.

“It has been on our agenda to actually do the separation ourselves; we have the capability and we’ve been working on a strategy on this with our US partner. So if we do that, that would likely take place in Texas.”

Mr Leung said that alongside the “light” rare earths that Lynas primarily produces, the heavy rare earth elements are also essential ingredients in the production of magnets that are used across clean energy, military and high technology applications.

That shines a light on the likes of Perth-based Northern Minerals, which has produced the heavy rare earth element Dysprosium out of its Browns Range pilot plant in northern WA.

Investor Insight

  • Contact

Share

  • LinkedIn
  • Twitter
  • Facebook

Most Read

  • 1 November

Nickel, cobalt anomalies at Sockovac; large new gold, copper anomalies at Sinjakovo

  • ASX:LYK
    • Ni
    • Cu
  • 28 September

Core Lithium – Primero Group Awarded EPC Contract for Finniss DMS Plant

  • ASX: CXO
    • Li
    • Clean energy
  • Insight
  • 26 June

Picking winners – the portfolio approach that offers blue-sky potential

  • ASX: ARV
    • Clean energy
    • Cu

Related

  • 29 June

Robert Ryan joins Rox board

  • ASX: RXL
    • Au
    • Broking Firm
  • Insight
  • 18 June

What market turbulence? Gold Road gets its prize, others kick goals

  • ASX: GOR
    • II
    • Broking Firm
  • 17 June

FBR raises $4m for next-gen Hadrian X bricklaying robot

  • ASX: FBR
    • Technology
    • Broking Firm
  • 16 June

Vimy releases scheme booklet for ‘fair and reasonable’ uranium merger with Deep Yellow

  • ASX: VMY
    • Uranium
    • Broking Firm

NEWSLETTER

Get news, as it happens

Sign up to receive our weekly roundup, and releases of interest, as they happen.

  • This field is for validation purposes and should be left unchanged.
logo

Investor Insight, powered by Cannings Purple, delivers the stories that matter to the people who matter – across your preferred communications platform.

From breaking news to analysis, opportunities and thought leadership, Investor Insight is your window into some of Australia’s most exciting listed and non-listed companies.

  • Insight
  • Companies
    • Aeris Resources
    • Altrad
    • Argonaut
    • Artemis Resources
    • BLK Auto
    • BMG Resources
    • Buru Energy
    • Catalyst Metals
    • ChemX Materials
    • Core Lithium
    • DDH1 Drilling
    • Dreadnought
    • FBR
    • Finbar
    • Focus Minerals
    • Gold Road Resources
    • Hastings Technology Metals
    • Hyzon Motors
    • Jupiter Mines
    • Lykos Metals
    • Mineral Resources
    • Northern Minerals
    • Northern Star
    • NRW Holdings
    • Paydirt
    • Rand Mining
    • Raven SR
    • Rox Resources
    • St George Mining
    • Sundance Resources
    • Torrens Mining
    • Tribune Mining
    • Vimy Resources
    • VRX Silica
    • Westgold Resources
    • Zenith Minerals
  • Industries
    • Broking Firm
    • Clean energy
    • Copper
    • Gold
    • Insight
    • Iron ore
    • Lithium
    • Manganese
    • Mining Services
    • Nickel
    • Oil & Gas
    • Property
    • Rare Earths
    • Silica Sand
    • Technology
    • Uranium
    • Zinc
  • Video
powered-by-canningspurple
  • About
  • Contact
  • Subscribe
  • Cannings Purple
  • Privacy Policy
  • Disclaimer

Copyright 2022 Cannings Purple