Lynas Rare Earths LimitedASX: LYC

New Customer Contract - BASF Corporation

· Issued by Lynas Rare Earths Limited

Filed with ASX · · 2 pages · English

Summary by 6ix AI

Lynas Rare Earths Limited has signed a new long-term supply agreement with BASF Corporation for the supply of Rare Earths produced at the Lynas Advanced Materials Plant in Malaysia. This contract will secure a significant portion of BASF's long-term lanthanum requirements, with pricing linked to market rates. Lynas' Executive Chairman expressed satisfaction with the contract, highlighting its importance for stabilizing Rare Earths supply chains for major industrial users.

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

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