Lynas in supply talks with car, turbine makers to boost output

Melbourne

LYNAS Corp, one of only two major rare earths producers outside China, is in supply talks with car and wind-turbine makers in a bid to reach full production at its A$1 billion (S$1 billion) plant in Malaysia.

Lynas held discussions this month with a car marker that turned its back on rare earths after prices surged in 2011, chief executive officer Amanda Lacaze said in an interview, declining to identify the company.

"As energy efficient cars become the norm, rare earths are the best technical solution," Ms Lacaze said. W…