Lynas Rare Earths has secured a floor price for some rare earths it sells to Japan in line with a price guaranteed by the Pentagon to its American rival, helping underpin earnings for the Australian ...

KUANTAN, Malaysia—The Pentagon’s push to get its hands on the rarest of the rare-earth elements leads all the way to this small port city in Malaysia. Here, Lynas Rare Earths, an Australian company, ...

"Every day when the price wasn’t going up felt like a day of torture; another fingernail was pulled out," says the CEO of Lynas Rare Earths.

There are worries that processing operations in the country will drag Malaysia into the middle of China-U.S. competition.