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Capex rises for Lynas' Kalgoorlie rare earths plant

Lynas Rare Earths’ Kalgoorlie facility is costing over 50% more than the A$500 million first estimated, though the $780 million cost will get the company nearly 30% more capacity at 9000tpa.

Michael Quinn
Capex rises for Lynas' Kalgoorlie rare earths plant

The additional funding required will also ensure Kalgoorlie is on track for completion late September, a key milestone given the uncertainties in Malaysia. Lynas is conducting legal proceedings to counter...

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