Lynas Rare Earths LimitedASX: LYC

MOU with City of Kalgoorlie-Boulder

· Issued by Lynas Rare Earths Limited

Filed with ASX · · 2 pages · English

Summary by 6ix AI

Lynas Rare Earths Limited has signed a memorandum of understanding with the City of Kalgoorlie-Boulder to explore potential sites for a new Cracking & Leaching plant. The MOU outlines support from the city in areas such as land availability, infrastructure, and workforce management to ensure the plant's success. This agreement provides Lynas with exclusivity to conduct due diligence on two shortlisted locations in the Kalgoorlie-Boulder area. Lynas CEO Amanda Lacaze expressed optimism about the partnership and the region's potential for investment.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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