[vc_row][vc_column][vc_column_text]Australian miner Iluka Resources Ltd. said it had secured a loan from the Australian government to move ahead with plans to build a rare earths refinery at its Eneabba mine in Western Australia. The mine is three hours’ drive north of Perth. The project, which is expected to cost as much as A$1.2 billion to construct, will have an annual capacity of about 17,500 tonnes of neodymium, praseodymium, dysprosium and terbium, Iluka said. Construction of the project is scheduled to start in the second half of 2022, with first production expected in 2025, the company said.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_btn title=”About LMM GROUP” link=”url:https%3A%2F%2Fwww.lmmgroupcn.com%2Fabout-lmm%2F|target:_blank”][vc_column_text css=”.vc_custom_1649296177864{margin-top: 50px !important;}”]friendship Link：
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