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Lynas

Lynas Rare Earths is a single-segment company that specializes in the extraction and processing of rare earth materials.

Raised 489.62M EQUITY on August 30, 2025

About

Lynas produces and refines rare-earth elements outside China, expanding a Malaysian mine, constructing a refinery, and partnering with U.S. permanent-magnet manufacturers to supply EV, wind, and defense industries.

Mission

Lynas is a leading producer of rare-earths outside China, supplying critical inputs for tech, defense, and low-carbon energy. The group raised $488 million (A$750 million) via a capital increase in Sydney to accelerate development. Proceeds will fund the expansion of a mine in Malaysia and the construction of a refining plant. Lynas also plans to take equity stakes in U.S. permanent-magnet producers. The move aims to reduce global dependence on China, which extracts over 60% of rare-earth ore, refines more than 90% and makes nearly 95% of permanent magnets. The company is positioning itself to serve demand from electric-vehicle motors, wind turbines, and defense systems.

Quick Facts

Founded

1983

Funding

EQUITY

Industry

Developer Platform, Manufacturing, Mining, Mining Technology, Precious Metals, Sales

Team Size

501-1000

Headquarters

Perth, Western Australia, Australia