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flag Australian firm Lynas begins rare earth production outside China, securing a US government contract.

flag Australian company Lynas Rare Earths has produced heavy rare earths, including dysprosium oxide, at its Malaysian facility, marking the first commercial production outside of China. flag This development is significant as rare earth elements are crucial for renewable energy technologies. flag The US government has agreed to a $258 million contract with Lynas to build a new refinery in Texas, aiming to reduce dependency on Chinese sources.

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