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Lynas Corp news confirms attack on Chinese monopoly by US is underway

Confirmation by Lynas Corporation of a US Department of Defense tender for a heavy rare earths separation plant in the US is a completely logical development given the rhetoric around China’s monopoly in the “strategic” minerals sector.

Lynas Corp news confirms attack on Chinese monopoly by US is underway Lynas Corp news confirms attack on Chinese monopoly by US is underway Lynas Corp news confirms attack on Chinese monopoly by US is underway Lynas Corp news confirms attack on Chinese monopoly by US is underway Lynas Corp news confirms attack on Chinese monopoly by US is underway

Rare earths has been impacted by the US-China trade war. Image: iStock/Rawf8

While details released by Lynas are non-existent, the news ties in with the Australian government also recently making funds available for the sector.