Australia’s Lynas Partners South Korea’s JS Link for Malaysian Magnet Factory The recent partnership between Australia's Lynas Rare Earths and South Korea's JS Link to develop a magnet factory in Malaysia has sparked both excitement and concern.
The planned facility is expected to create up to 400 jobs and supply magnets to key industries, including the automotive, wind energy, and electronics manufacturing sectors.
Lynas already operates one of the world's largest rare earths processing plants in Kuantan, Malaysia, and this partnership marks a further expansion of its presence.