Australian rare metal producer, Lynas Corporation is to supply rare earth products to the Japanese market in a three to five year contract which involves development of the Mt Weld mine in Western Australia.
Lynas already started construction on a concentration plant in Australia and a plant in Malaysia to process and refine concentrate from Australia.
Mr Nicholas Curtis, executive chairman of Lynas Corporation said the firm would start commercial production in July to September 2009 and sales to Japanese customers would represent more than half total sales.
Source: Steel Guru
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