Lynas Rare Earths chief executive said the company is in talks with the U.S. government over additional capital costs it could face as it builds a rare earth processing facility in Seadrift, Texas, reported The Wall Street Journal. In 2023, Lynas secured $258 million in financing from the Pentagon for the project, but says wastewater management issues have added to…
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State of the REE industry
North American Mining reviews the current state and recent developments in the North American rare earth elements industry, highlighting its potential for growth and innovation. By Jonathan Rowland Rare earth elements (REEs) are a set of 17 metallic elements that are essential components in more than 200 products across a wide range of applications, especially in high-tech consumer products, such…
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