Brief: Lynas And US DoW Sign Letter Of Intent For Rare Earth Supply

Lynas Rare Earths

16/03/2026 24:53

March 16 (Reuters) - Lynas Rare Earths Ltd LYC.AX:

LYNAS AND US DOW SIGN LETTER OF INTENT FOR RARE EARTH SUPPLY

UNDER THIS ARRANGEMENT, APPROXIMATELY US$96 MILLION WILL BE ALLOCATED BY DOW TO PURCHASE OF LIGHT AND HEAVY RARE EARTH OXIDE PRODUCTS FROM LYNAS

FLOOR PRICE FOR SUPPLY OF NDPR OXIDE WILL BE US$110/KG

BINDING LETTER OF INTENT BETWEEN UNIT AND US DEPARTMENT OF WAR

Further company coverage: LYC.AX

 ((Reuters.Briefs@thomsonreuters.com;))