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$500M mineral project recognised for major contribution

Lynas Corporation
Lynas Corporation

A proposed a $500 million operation in Western Australia’s Goldfields has been commended for making a significant contribution to society.

The Federal Government recently granted major project status to Lynas Corporation’s Mt Weld Rare Earths Processing Facility Project in Kalgoorlie.

The project involves upgrading the Mt Weld rare earth concentrate that is exported to the Lynas Rare Earth Processing Facility in Malaysia. There is potential to explore further opportunities for the next stage processing (upstream solvent extraction).

700 jobs

Construction is expected to begin in the year 2021 and end in mid-2023. About 500 construction jobs will be created plus an additional 200 positions once operational.

Local jobseekers and suppliers are being promised many of the work opportunities, which will be advertised later in the year.

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“Australia is seizing the opportunities to be a powerhouse for critical mineral and rare earth production,” outgoing Federal Resources Minister Matt Canavan said in a public statement.

“Granting major project status to Mt Weld recognises how vitally important this sector is and how crucial it is to increase the capability and capacity here at home.”

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