China's Biggest Rare Earths Processing Challenger Says It Can Match Its Tech

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0:00Rare earths have become one of the world's most strategic materials. They help make the

0:05powerful magnets used in electric vehicles, wind turbines, and advanced defense systems.

0:11For decades, China has dominated the supply chain,

0:14still handling about 85% of rare earth refining globally.

0:19Here in Kuantan, Lynas separates and refines rare earths mined at Mount Weld in Western Australia.

0:26Its plant is the largest rare earth processing facility outside China.

0:31China has spent decades mastering its separation and refining capabilities. What was the toughest

0:40challenge you faced trying to build and scale up the kind of capability here at Lynus?

0:46Oh, that is a very long list of things.

0:50Do you think you've closed the gap with China as far as separation technologies are concerned?

0:55Very, very confidently we would say that maybe northern rare earths in a couple of areas, which

1:02is the largest of the Chinese firms, is still just ahead of us, but we are a very fast number two.

1:09We would be confident there are some things that we have done

1:12in our flow sheet which would put us ahead.