www.bloomberg.com
Lynas Rare Earths Ltd. is seeking a U.S. Department of Defense agreement that would guarantee minimum prices for its supplies. This move mirrors a deal granted to U.S.-based MP Materials in 2022, which established price floors to stabilize domestic production. By securing similar backing, Lynas aims to de-risk its investment and expand its U.S. supply chain presence outside of China. The potential agreement underscores the U.S. strategic imperative to diversify critical mineral sourcing, though final terms depend on the outcome of ongoing negotiations.
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