Australia's Lynas revises JARE supply deal to secure rare earth purchase commitment

Lynas Rare Earths

10/03/2026 07:31

March 10 (Reuters) - Australia's Lynas Rare Earths LYC.AX said on Tuesday it had revamped its supply agreement with Japan Australia Rare Earths B.V., securing a firm annual commitment for 5,000 tonnes of neodymium‑praseodymium (NdPr), a key rare‑earth magnet material.

 (Reporting by Kumar Tanishk in Bengaluru; Editing by Mrigank Dhaniwala)

 ((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))