rare earth minerals

Latest news and articles about rare earth minerals from NEX English

Lynas Expands Rare Earth Minerals Portfolio in Malaysia

Lynas Corporation, an Australian company specializing in rare earth minerals, announced plans to expand its portfolio in Malaysia. This move aims to strengthen its position as a key alternative supplier to China amidst rising global demand for these minerals.

U.S. Boosts Magnet Production to Counter China's Rare Earth Dominance

The United States has announced plans to enhance magnet production as part of its efforts to reduce reliance on China, which dominates the rare earth market. This initiative comes amid growing concerns over the U.S. economy's dependence on Chinese resources.