Lynas expanding Mt Weld

LYNAS Rare Earths will expand feedstock production capacity at its Mount Weld mine to 12,000 tonnes per annum in 2024 to meet rising demand for rare earth materials and neodymium magnets, as part of a $500 million upgrade of the mine near Kalgoorlie in Western Australia’s Eastern Goldfields.

Lynas expanding Mt Weld Lynas expanding Mt Weld Lynas expanding Mt Weld Lynas expanding Mt Weld Lynas expanding Mt Weld

Lynas CEO Amanda Lacaze at Diggers

While Lynas' previously announced 2025 growth plan involved a 50% increase to 10,500tpa by 2025, the discovery of a 1km deep exploration drill hole that displayed continuous rare earth mineralisation