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DoD contract could land Aussie mining company
Hondo Anvil Herald ^ | 02/04/2021 | William Hoover

Posted on 02/04/2021 10:42:55 AM PST by decal

The U.S. Department of Defense awarded Australia mining behemoth Lynas $30.4 million on Monday to finance the construction of a rare earth metal processing plant in Hondo.

The funding comes as the nation attempts to solidify its domestic supply of rare earth metals-, which are vital for making wind turbines, consumer technology, batteries and missiles.

Lynas Rare Earths Ltd, the largest rare earth element mining and processing company outside of China, was awarded a Defense Production Act (DPA) Title III technology investment agreement to establish domestic processing capabilities for light rare earth elements (LREE).

(Excerpt) Read more at hondoanvilherald.com ...


TOPICS: Australia/New Zealand; Business/Economy; US: Texas
KEYWORDS: oldnews; rareearthmetals; rehash; rustyworthy

1 posted on 02/04/2021 10:42:55 AM PST by decal
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To: decal

Very important to do. If Biden kills it he should be labeled as a full on Commie.


2 posted on 02/04/2021 11:09:03 AM PST by Dennis M.
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To: decal

Oz comes to Hondo - I love it! They’ll probably be great neighbors.


3 posted on 02/04/2021 12:41:18 PM PST by jagusafr ( )
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