Brief: Lynas Enhances JARE Agreement For Japanese Industry

Sojitz

10/03/2026 07:16

March 10 (Reuters) - Lynas Rare Earths Ltd LYC.AX:

ENHANCED JARE AGREEMENT FOR JAPANESE INDUSTRY-LYC.AX

FIRM OFFTAKE FOR 5,000 TONNES PER ANNUM NDPR AND 50% OF ALL HRE OXIDES PRODUCED BY LYNAS

UPDATED AGREEMENT WILL BE IN PLACE UNTIL 2038

LYNAS AND JARE HAVE AGREED A MARKET-BASED OFFTAKE PRICE WITH PRICE FLOOR OF US$110/KG NDPR FOR SALES TO JAPANESE INDUSTRY

Further company coverage: LYC.AX

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