CommoditiesLynas CEO: Cheap power 'fundamental' to Australia's industrial hopes
Rare earths producers is holding off on more advanced domestic refining
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
November 28, 2024 12:00 JST
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.