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Lynas and JARE Lock In Rare Earths Supply Deal Through 2038
8:02pm on Tuesday 10th of March, 2026 AEDT
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Mining
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Lynas and JARE Lock In Rare Earths Supply Deal Through 2038
8:02pm on Tuesday 10th of March, 2026 AEDT
Key Points
Long-term supply agreement extended to 2038
Firm offtake of 5,000 tonnes per annum of NdPr for Japanese industry
50% of all heavy rare earth oxides produced committed to Japan
US$110/kg NdPr price floor with upside sharing above US$150/kg
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LYNAS RARE EARTHS (ASX:LYC)
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