Australia's Lynas Rare Earths Ltd said on Tuesday it secured a A$200 million ($133.98 million) funding from Japan to develop its current and planned projects aimed at increasing light and heavy rare earth materials output, and bolster its balance sheet.The agreement with Japan Australia Rare Earths B.V.,
Australia's Lynas Rare Earths Ltd said on Tuesday it secured a A$200 million funding from Japan to develop its current and planned projects aimed at increasing light and heavy rare earth materials output, and bolster its balance sheet.
The agreement with Japan Australia Rare Earths B.V., a special purpose company between state-owned Japan Organization for Metals and Energy Security and Sojitz Corp, will also forego a historical $11.5 million interest due under a prior loan.
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Australia's Lynas Rare Earths gets $134 million funding from Japan to boost outputAustralia's Lynas Rare Earths Ltd said on Tuesday it secured a A$200 million ($133.98 million) funding from Japan to increase light and heavy rare earth materials output by developing its current and planned projects. The agreement with Japan Australia Rare Earths B.V., a special purpose company between s
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Australia's Lynas Rare Earth secures $134 million funding from Japan to boost outputAustralia's Lynas Rare Earths Ltd said on Tuesday it secured a A$200 million ($133.98 million) funding from Japan to develop its current and planned projects aimed at increasing light and heavy rare earth materials output, and bolster its balance sheet.The agreement with Japan Australia Rare Earths B.V.,
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