Kalgoorlie Rare Earth Processing Facility gets ministerial approval

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Lynas Rare Earths has been granted ministerial approval for the Kalgoorlie Rare Earth Processing Facility.

The Ministerial Statement was issued under the Environmental Protection Act 1986 (WA) and approves the implementation of the Kalgoorlie Rare Earths Processing Facility and outlines the conditions for the construction and operation of the Facility.

“Lynas is very pleased to be progressing this important project to establish a Critical Minerals value added processing facility in Kalgoorlie which meets the strict environmental conditions of Western Australian regulators,” the company said in an ASX Announcement.

“This is consistent with our environmental, social and governance (ESG) approach, our commitment to operating in a way that is safe for our people, our communities and the environment and our objective to contribute positively to the communities in which we operate.”

Adertisement

The company announced plans to build the rare earth processing plant in 2019.

The new plant will process rare earth materials from the company’s Mt Weld mine, generating approximately 500 construction and 200 ongoing jobs in the region.

The Lynas Mt Weld mine in Western Australia is one of the world’s premier rare earths deposits.

The company also operates the world’s largest single rare earths processing plant in Malaysia where it produces high-quality separated rare earth materials for export to manufacturing markets in Asia, Europe, and the United States.

Image credit: https://www.lynascorp.com/