Australia’s Lynas partners with Noveon for rare earth magnets supply to US

Australia's Lynas has teamed up with Noveon to supply rare earth magnets to the US, marking a significant step in strengthening the supply chain for critical materials. This partnership is crucial as it addresses the growing demand for rare earth elements, which are essential for various technologies, including electric vehicles and renewable energy systems. By collaborating with Noveon, Lynas is not only enhancing its market position but also contributing to the US's efforts to secure a stable supply of these vital resources.