Lynas, JS Link sign deal for Malaysian magnet plant

A Lynas worker in Mount Weld, Australia, picks up a handful of rare-earth concentrate in 2019. The material has been left to dry in the sun before being shipped to Malaysia. © ReutersSHAUN TURTONJuly 7, 2026 14:19 JSTCANBERRA -- Australia's Lynas and South Korean magnet maker JS Link have signed a deal to build a rare-earth magnet factory in Malaysia as part of efforts to develop non-China supply chains for their products.

CANBERRA -- Australia's Lynas and South Korean magnet maker JS Link have signed a deal to build a rare-earth magnet factory in Malaysia as part of efforts to develop non-China supply chains for their products. CANBERRA -- Australia's Lynas and South Korean magnet maker JS Link have signed a deal to build a rare-earth magnet factory in Malaysia as part of efforts to develop non-China supply chains for their products. Read NextTech AsiaAI demand strains supplies of lasers, fiber and other optical techArtificial intelligenceCan China and US find common ground on AI governance in Geneva?

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