Lynas Corporation, traded on the OTC market as LYSDY, is an Australian-based specialist in the mining and processing of rare earth elements. The company operates the Mount Weld mine in Western Australia, one of the highest-grade rare earth deposits in the world, and a downstream processing facility in Kuantan, Malaysia. Lynas is the largest non-China supplier of separated rare earths, offering a strategically important alternative source for customers in the electronics, automotive, renewable energy and defense sectors.
The company’s core product portfolio includes light and heavy rare earth oxides and other compounds such as neodymium–praseodymium (NdPr), which are critical for high-performance permanent magnets used in electric vehicle motors and wind turbine generators. Additional offerings include lanthanum and cerium for catalytic converters, glass polishing and other industrial applications. Lynas has invested in continuous improvement of its proprietary cracking, leaching and solvent extraction technologies to enhance recovery rates and reduce its environmental footprint.
Founded in the early 2000s and headquartered in Perth with key regional offices in Sydney and Kuala Lumpur, Lynas has charted a growth path from exploration to fully integrated production. Commercial mining at Mount Weld commenced in 2011, and the Malaysian processing plant began operations in 2012. The company has since pursued expansions to its Kalgoorlie Rare Earths Processing Facility in Australia and modular enhancements at its Malaysian plant to increase capacity and diversify its product slate.
Under the leadership of Managing Director and CEO Amanda Lacaze, Lynas has emphasized governance, sustainability and community engagement. The company serves a global customer base across North America, Europe and Asia, positioning itself as a reliable partner in the critical minerals supply chain. Lynas continues to explore strategic partnerships and project expansions to support growing demand for rare earth materials driven by the global energy transition and emerging technologies.
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