Lynas CEO says Korean magnet makers key growth sector in rare earths market
24/07/2025 01:49
SYDNEY, July 24 (Reuters) - Lynas Rare Earths LYC.AX CEO Amanda Lacaze said the company eyes South Korean magnet makers as a key growth sector in the rare earths market, after entering into a magnet manufacturing deal with Korea's JS Link 127120.KQ. The world's largest producer of rare earths outside China beat estimates for fourth-quarter revenue on Thursday, driven by higher average selling prices across all rare earth products. (Reporting by Melanie Burton in Melbourne and Renju Jose in Sydney; Editing by Kim Coghill) ((renju.jose@thomsonreuters.com;))
Recent news on JS Link
See all newsAustralia's Lynas rises as Jefferies backs Malaysia rare-earth magnet factory deal
JS Link deal strengthens Lynas' downstream integration, Jefferies says
Brief: Lynas And JS Link Partnership For Malaysian Magnet Factory
Australia's Lynas, South Korea's JS Link sign deal for Malaysia magnet factory (updated)
Australia's Lynas signs deal with South Korea's JS Link to develop Malaysian magnet factory