BRIEF-Lynas Corp Updates On 2025 Growth Plans, Rare Earths Market And Related Matters
June 21 (Reuters) - Lynas Corporation Ltd:
* UPDATE ON LYNAS 2025 GROWTH PLANS, RARE EARTHS MARKET AND RELATED MATTERS
* REMAINS CONFIDENT OF A RESOLUTION TO REMAINING ISSUES RELATED TO WLP RESIDUEJOINT VENTURE WITH BLUE LINE IS AT MOU STAGE AND BOTH PARTIES WILL NOW WORK ON FINALIZING DETAILS
* CONTINUES TO WORK WITH MALAYSIAN GOVERNMENT SEEKING AGREEMENT TO CONDITIONS TO RENEW OPERATING LICENSE WHICH IS DUE ON SEPT 2
* PRODUCTION THIS QUARTER MAINTAINED AT COMPARABLE LEVEL TO MARCH QUARTER AND WE WILL HAVE ABOUT 250 TONNES OF NDPR INVENTORY AT END OF QUARTER
* ANNOUNCES MOU WITH BLUE LINE CORP FOR A JOINT VENTURE TO DEVELOP RARE EARTHS SEPARATION CAPACITY IN UNITED STATES
* JOINT VENTURE WITH BLUE LINE IS AT MOU STAGE AND BOTH PARTIES WILL NOW WORK ON FINALIZING DETAILS
* JV TO DEVELOP RARE EARTHS SEPARATION CAPACITY IN U.S. NOT A SUBSTITUTION FOR LYNAS FACILITIES IN MALAYSIA AND WESTERN AUSTRALIA Source text for Eikon: Further company coverage:
