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Lynas gets US heavy metals opening

Details are light to non–existent but the vibe good after Lynas was told by the US Department of Defense it intended to award the ASX-listed rare earths miner the first phase contract for a US-based heavy rare earth separation facility.

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The US Dept of Defense has awarded Lynas Corp an initial contract in respect of producing strategic heavy metals

The first phase involves detailed planning and design work that'll be funded by DoD.