Leading international rare earth supplier signs supply agreement with Japan; 75% of heavy rare earth production will be supplied to Japan

WealthCoffee · 2026-03-11T13:54:10+00:00

After Japan implemented rare earth export controls in China, it became more dependent on Australia's Lynas rare earth company, signing a supply agreement to ensure stable rare earth supplies, with 75% of heavy rare earth oxides reserved for the Japanese market.

WealthCoffee

2026-03-11 13:54:10

Abstract generation in progress

**　　【Caixin.com】** After China implemented a series of export controls on rare earths targeting Japan, Japan has shifted its focus to sourcing heavy rare earths from the largest non-Chinese producer—Lynas Rare Earths (ASX:LYC) in Australia—to ensure stable supply of rare earths in Japan.

On March 10 local time, Lynas announced that it had signed a supply agreement with Japan Australia Rare Earths (JARE), specifying that 75% of Lynas’s heavy rare earth oxide production would be reserved for the Japanese market, with JARE purchasing 50% of that amount and the remaining 25% purchased by other Japanese companies.

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