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CaveatEmperor

02/18/21 10:43 AM

#72873 RE: JimBobWalnut #72871

A clip from JBW's Link if you can't get access it..

Lynas aims to ship rare earths from its mine in Western Australia for final processing in Texas.

The company said it will produce a quarter of the globe’s demand for rare earths when the facilities are operational.

MP Materials Corp, which last year also received Pentagon funding, is the only existing U.S. rare earths company, though it ships more than 50,000 tonnes of concentrated rare earths per year to China for final processing.



Maybe Texas will see a spike in trade in due course which may encourage more jobs longer term?