Lynas owns the richest deposit of Rare Earths in the world at Mt Weld, 35km south of Laverton in Western Australia. A feasibility study has been completed on the Rare Earths deposit and all Australian and Chinese approvals required for project development have been received.
Lynas has a strategy of creating a reliable, fully integrated source of supply from mine through to customers, and to become the benchmark for security of supply and environmental standards in the global Rare Earths industry.
Lynas’ Mt Weld tenement also has a JORC compliant polymetallic resource known as the “Crown” deposit. This is a titanium and niobium-rich rare metals resource that is a separate deposit to the Mount Weld Rare Earths deposit.