JARE and Lynas Expand Rare Earth Supply Deal Through 2038

Post Views: 136 JARE and Lynas rare earth supply deal JARE and Lynas Expand Rare Earth Supply Deal The JARE and Lynas rare earth supply deal strengthens global access to neodymium-praseodymium (NdPr) and heavy rare earth oxides. The agreement ensures a stable supply for Japanese producers through 2038. Japan Australia Rare Earths (Jare) commits to buying at least 5,000 tons per year of NdPr oxide from Lynas Rare Earths at a floor price of $110/kg. Additionally, JARE will purchase at least 50% of Lynas’ heavy rare earth output. The deal expands on prior agreements, enhancing supply predictabili...