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.
The company opened a facility in Kalgoorie this month for cracking and leaching, an initial step in turning the concentrated mined minerals to usable chemicals, but Lacaze said any further steps downstream are dependent on access to affordable energy.