Australian company is the first to produce heavy rare lands outside China

Lynas Rare Earths says it has become the first company to produce heavy rare lands outside China, a country that owns the production monopoly of these coveted minerals, used in various areas of technology and renewable energy.

Australian company announced on Friday to have produced Disprósio oxide (Given currency) in its new facilities in Malaysia, offering the market, For the first time, a non -Chinese source of this type of minerals.

“Lynas is now the Single Commercial Producer from the world of heavy rare land products outside China, ”said the company’s executive director, Amanda Lacazein a statement quoted by.

“This is a significant step for the SUPPLY CHAIN ​​RESILIENCEand provides customers the option to get products from a Beijing Independent Supplier, ”he added.

The materials of rare land are known as the “vitamins” of the industry transformative, due to its magnetic, electric, optical and catalytic properties. They are used in numerous high -tech applications, including electronics, wind turbines and hybrid and electrical vehicles.

Lynas plans to be in June to also produceanother rare land. In addition to the installation of processing in Malaysia, the company, founded in 1983, operates the Rare Land Mine of Monte Weldin Kalgoorlie, Western Australia, a of the most valuable deposits in the world of this type of minerals.

Beijing Recently prohibited technology export processing these minerals, which could help rival nations and has been accused of using state quotas to control their supply.

In an effort to decrease the domain of Chinathe United States Government a contract of 237.4 million euros with the Australian company to build a new refinery in Texas.

On Wednesday, China suspended restrictions on exports of rare land and other military technologies, which aimed at 28 US entities, in the context of the recent Relaxation of Tensions caused by the launched in February by Donald Trump.

China initially blocked exports to Seven Types of Rare Lands For 16 US entities on April 4, later adding another 12 entities on April 9.

The suspension of restrictions was followed by a Agreement between China and the USA For imposed on their products – the first major bass in recent commercial dispute between the two countries.