Lynas in magnets deal with Malaysia

Original article by Brad Thompson
The Australian – Page: 15 : 8-Jul-26

Lynas Rare Earths has signed a partnership agreement with South Korea-based JS Link, which will build a rare earths permanent magnet plant in Malaysia. Lynas will acquire a $50m equity stake in JS Link as part of the deal, and this investment will help support construction of the magnets plant near Lynas’s rare earths processing hub in Malaysia. Lynas will also supply rare earths materials to the new plant, as well as JS Link’s magnet factory in South Korea. Lynas has yet to appoint a permanent successor to former CEO Amanda Lacaze, who stepped down at the end of June after 12 years at the helm.

CORPORATES
LYNAS RARE EARTHS LIMITED – ASX LYC, JS LINK INCORPORATED

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