Bao Gang United Steel's Rare Earth Automotive Steel Passes Major Automaker's Painting Certification

LIN (Lindian Resources, ASX: LIN) acquired the core of SARECO, which can be summarized as: through a joint venture with RA, acquiring 100% interest in SARECO's rare earth separation plant (MREC hydrometallurgy plant) located in Kazakhstan for approximately $15 million, providing ready downstream processing capacity for the Kangankunde project in Malawi and accelerating an integrated layout from mine to separated products. The SARECO MREC plant is located in Kazakhstan, where it benefits from low-cost power, water, sulphuric acid, reagents, and skilled labor, facilitating the control of operating costs.

Malaysia has renewed Lynas Rare Earths'LYC.AX opeating licence for 10 more years to import raw materials containing natural radioactive material and process rare earths,the Australian miner said on Monday.The Malaysian Department of Atomic Energy is expected to issue the formal licence soon,Lynas said,adding that it would come into effect from March 3.

SMM News: The conflict in Iran that began on the afternoon of February 28, 2026, has not yet had a significant impact on the rare earth industry chain. According to SMM data, China exported approximately 67 mt of rare earth permanent magnets to Iran throughout 2025, accounting for 0.11% of total exports, and about 746 mt to all Middle Eastern countries, representing 1.1% of total exports. It is expected that the situation will mainly affect ocean freight rates, subsequently impacting rare earth prices in Europe and further intensifying the upward trend in European rare earth prices.