Lynas Unveils Plans for Rare Earths Processing Plant in Brazil

Key Facts

Lynas has unveiled plans to construct a rare earths processing plant in Brazil. Mining.com reported that the company intends to build a rare earth oxide separation facility in the state of Minas Gerais as part of its strategy to expand its global footprint in the critical minerals sector.

The move aims to diversify supply chains and leverage Brazil's rare earth resources following recent high-grade discoveries in the region. These expansion plans coincide with a period of robust trade activity in Brazil, which reported a trade balance surplus of $7.74 billion on October 6, 2026.