China added 194 million tonnes of coal mining capacity in 2018 despite vows to eliminate excess capacity in the sector and to reduce fossil fuel consumption.
The move is part of an aggressive transformation of the Chilean state-miner, which is looking at adding fresh technologies to revitalizing some of its century-old mines.
The Diamond Natural Device is reportedly the first tech system capable of identifying the yellowish gems together with the colourless to near-colourless range of diamonds.
The offer represents a premium of nearly 45% on Lynas' closing price on Monday, but comes come with some significant conditions, including the rare dearth miner securing all necessary licences in Malaysia.
The Chilean state miner has terminated its contract with SNC-Lavalin at its Chuquicamata mine, accusing the engineering firm of failing to comply with work commitments.
Chile would shortly begin accepting bids from local and foreign companies seeking to develop battery materials using discounted Chilean lithium provided by SQM.