Lynas announces first samarium oxide output in Malaysia [Yahoo! Finance]
LYNAS RARE EARTHS S/ADR (LYSDY)
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Source: Yahoo! Finance
This development expands Lynas' range of separated heavy rare earth oxides to three products, alongside dysprosium and terbium, reinforcing its status as the sole commercial producer of such oxides outside China. Samarium oxide is a key component in the manufacture of high-performance magnets used across various industries including electronics, aerospace, optics, catalysts and medical devices. The announcement of the expansion of Lynas Malaysia's separated heavy rare earth (HRE) separation facility was made in October 2025 as part of the company's Towards 2030 growth strategy. The first production output at Lynas Malaysia was initially forecast for April 2026. Lynas has produced samarium oxide earlier than planned, marking the first milestone in developing its expanded HRE separation facility. The company plans to gradually increase its HRE processing capacity, with the initial suite of separated HREs expected to be operational within two years. This initial line-up incl
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