Lynas CEO: Cheap power 'fundamental' to Australia's industrial hopes

Rare earths producers is holding off on more advanced domestic refining

20241127 Amanda Lacaze and Rare earths

Lynas CEO Amanda Lacaze says energy constraints risk holding back Australia's manufacturing ambitions. (Nikkei montage/Source photos by Reuters)

SHAUN TURTON, Nikkei staff writer

SYDNEY -- Australian rare earths producer Lynas won't move to more advanced processing at its new plant in Western Australia "without low-cost reliable power," said CEO Amanda Lacaze, noting that energy constraints risk holding back the country's broader manufacturing ambitions.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.