Federal instrument · Cooperative agreement

DPA Title III Technology Investment Agreement with Lynas USA for Light Rare Earth Separation (February 2021)

In January-February 2021, Lynas Rare Earths, through its wholly owned subsidiary Lynas USA LLC, entered a Defense Production Act Title III technology investment agreement under which the U.S. Department of Defense contributes $30.4 million toward establishing commercial light rare earth separation capacity in Texas, with Lynas expected to contribute approximately US$30 million. Recorded as a cooperative-agreement because a technology investment agreement is an assistance-type instrument.

Facts on this page last re-verified Aug 11, 2026 — the oldest verification date among its current claims. How we verify.

Financial state: Obligated

Program: Defense Production Act Title III · U.S. Department of Defense

Terms

Amount$30.4M (nominal, as announced DoD contribution)

Immutable financial events

  1. Jan 22, 2021 · Announced
  2. Feb 1, 2021 · Obligated

Operational milestones are displayed on the linked facility line, not duplicated in this ledger.

Sources