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Australia's Lynas signs deal with South Korea's JS Link to develop Malaysian magnet factory

Australia's Lynas signs deal with South Korea's JS Link to develop Malaysian magnet factory

- Lynas Rare Earths LYC.AX said on Tuesday it has signed a partnership deal with South Korea's JS Link 127120.KQ to develop a magnet factory in Malaysia.

The Australian rare-earths producer will supply rare-earth materials to JS Link's magnet factory in South Korea and the planned factory in Malaysia until January 2038.


(Reporting by Sneha Kumar in Bengaluru; Editing by Jonathan Ananda)

((Sneha.Kumar@thomsonreuters.com;))

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