LYC News: UPDATE 2-Australia's Lynas Rare Earths gets $134 mln funding from Japan to boost output - 7th Mar 2023, 6:50pm

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(Adds quotes from Japanese partners, details)

March 7 (Reuters) - Australia's Lynas Rare Earths Ltd has secured A$200 million ($134 million) in funding from Japan to increase light and heavy rare earth materials output by developing current and planned projects, it said on Tuesday.

The agreement with Japan Australia Rare Earths, jointly owned by state-owned Japan Organization for Metals and Energy Security (JOGMEC) and Sojitz Corp, will also forego historical $11.5 million in interest due unde...

>>> Read more: UPDATE 2-Australia's Lynas Rare Earths gets $134 mln funding from Japan to boost output
 
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