Pensana plans $125M rare earth separation facility in England
Green Car Congress
MAY 2, 2021
Lynas Corporation of Australia, currently the world’s largest non-Chinese producer, last year produced around 4,700 tonnes of magnet metal oxides from its facility in Malaysia. MP Materials is planning to produce around 6,000 tonnes of magnet metal oxides from 2023. China currently supplies 98% of Europe’s rare earth magnets.
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