Lynas Rare Earths To Develop Metal Making Partnership With LS Eco Energy

March 26 (Reuters) - Lynas Rare Earths Ltd LYC.AX:

• LYNAS TO DEVELOP METAL MAKING PARTNERSHIP WITH LS ECO ENERGY

• AND LS ECO ENERGY PLAN LONG-TERM METAL PROCESSING ARRANGEMENT IN VIETNAM

• ENTERS FRAMEWORK AGREEMENT WITH LS ECO ENERGY FOR RARE EARTH METALS PARTNERSHIP

• NEW FACILITY TO ENABLE LYNAS TO SUPPLY METALLISED NDPR, SAMARIUM, DYSPROSIUM, TERBIUM

• SAMARIUM METAL PRODUCTION TO BE FIRST PRIORITY AT NEW FACILITY

• FRAMEWORK AGREEMENT INCLUDES CROSS-SUBSCRIPTION OF CONVERTIBLE INSTRUMENTS VALUED AT AUD$30M EACH