Lynas Rare Earths Limited (Lynas) is a publicly listed company incorporated in Australia and headquartered in Perth, Western Australia. Lynas was established as an ethical and environmentally responsible producer of rare earth materials and today, the company is the world’s only significant producer of separated rare earth materials outside of China.
The materials Lynas produces are essential inputs to future-facing technologies designed to lower emissions and reduce energy consumption, as well as improve efficiency, performance, speed, durability, and thermal stability. This includes permanent magnet motors for green technologies such as electric vehicles and wind turbines. The key markets for the materials Lynas produces are manufacturing supply chains in Asia, Europe, and North America.
Lynas aims to be the supplier of choice for their customers and a leader in sustainably produced Rare Earths. Provenance matters to their customers and they participate in external verification and industry initiatives that provide customers with confidence that their materials have been responsibly and ethically produced, through the supply chain from their mine in Western Australian to their advanced materials plant in Malaysia. Lynas works with selected partners to provide mine-to-magnet traceability and Life Cycle Assessments.
As part of the company’s Lynas 2025 growth vision, Lynas is investing up to $500m in a new Rare Earth Processing Facility in Kalgoorlie, Western Australia, and has proposed a Rare Earths Processing Facility in the United States.
Lynas aims to minimise any effects on the environments in which they operate and is committed to protecting the human rights of all people with whom they have dealings, including their employees, their business partners and their families, and all people in the communities in which they operate. Lynas joined the UN Global Compact in 2019 and in September 2021, the company committed to the Science Based Targets initiative (SBTi).