ASX:LYCMetals and Mining
The Bull Case For Lynas Rare Earths (ASX:LYC) Could Change Following License Renewal And Japan Deal Extension
Lynas Rare Earths recently secured a 10-year renewal of its Malaysian operating licence to March 2036, began producing its first heavy rare earth product samarium ahead of schedule, and extended its rare earth supply agreement with Japan to 2038.
Taken together, the longer Malaysian licence, new heavy rare earth capability, and extended Japanese offtake improve Lynas’s operational visibility and customer diversification for the years ahead.
We’ll now examine how the extended Malaysian...