What is the core purpose and scale of the new rare earth magnet factory Lynas and JS Link are building in Kuantan, Malaysia?

The core purpose of the new factory is to produce neodymium iron boron (NdFeB) permanent sintered magnets for critical applications in the automotive, wind energy, and electronics manufacturing sectors. The facility, to be located in Kuantan, Malaysia—adjacent to Lynas’ existing advanced materials plant—will have an operating capacity of 3,000 metric tons per year.

What financial and equity commitment has Lynas made to JS Link as part of this partnership, and what are the key conditions attached?

Lynas will invest approximately A$50 million in ordinary equity of JS Link, representing about 4.58% of JS Link on a fully diluted basis; this investment supports construction of the Malaysian magnet factory, and Lynas’ shares are subject to a three-year escrow period.

Lynas Rare Earths, JS Link deal for Malaysian magnet factory

Jul 7, 2026

Lynas Rare Earths partners with JS Link to establish a 3,000-ton/year neodymium iron boron magnet factory in Malaysia, investing A$50 million and securing an exclusive raw material supply agreement through 2038.

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