The world’s top diamond producer by value sold $575 million in its third sales cycle of this year, the highest since the fifth cycle of 2018, when it recorded $581 million.
Lynas, one of the world’s main suppliers of rare earths outside China, said it was open to processing materials closer to its Australian mine if that meant it can renew its licence in the Southeast Asian country.
Next step is obtaining necessary regulatory approvals to start bulk sampling at the South African project, which is expected during the second quarter of the year.