Understanding the Lynas Rare Earth plant in 13 questions
Understanding the Lynas Rare Earth plant in 13 questions Q1: What is rare earth (RE)? Rare earth (RE) is just a metal, as ordinary as other metals like iron, silver and gold. The difference between them is we don’t encounter RE in daily life, e.g. you don’t wear RE bracelets, you don’t build the bridge with RE. It’s precious, valuable and essential for many high-tech industries. Q2: Who is LYNAS? LYNAS is the owner of the RE mine and Gebeng plant, incorporated and listed in Australia. LYNAS (M) Sdn. Bhd is wholly owned by LYNAS Inc. Q3: Where does the RE come from? What is it like? Like other metals, RE is found in ore (rock) in West Australia. The ore is mined, cleaned and crushed into sand or powder form, before being shipped to Kuantan. The journey is about 5000 km. The size of a single grain of powder can be 100 times smaller than the diameter of a strand of hair. Q4: Why do they take the RE from Australia and process it here? The official statement said that Australia cannot prov...