Lynas is steadily broadening its product range.
After producing dysprosium oxide and terbium oxide for the first time last year, the Australian rare earths company has now announced the successful production of samarium oxide. This makes Lynas the first supplier outside China to combine an independent primary resource base with in-house separation capabilities. Processing takes place at the company’s facility in Malaysia.
One of the key applications for samarium is in high-performance magnets. Samarium-cobalt magnets retain their magnetic strength even at temperatures of around 300 °C, making them particularly valuable for demanding environments, including military and aerospace applications.
According to the company, Lynas could further expand its rare earths offering to include europium, holmium, ytterbium, and erbium, provided market conditions are favorable — specifically if long-term offtake agreements with industrial customers are secured.
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