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

Lynas Rare Earths

06/07/2026 23:44

July 7 (Reuters) - 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;))