LS Eco Energy, Securing Competitiveness in Non-China Rare Earth Supply Chain
NSP NEWS, By Soon-ki Lee and Arang Choe
ENX3, Read 0
fullscreen(Seoul=NSP NEWS) = LS Eco Energy has set out to secure a non-Chinese rare earth supply chain through a capital swap with Lynas.
LS Eco Energy disclosed on March 26 that it had agreed to a mutual investment with Lynas in the form of exchanging convertible bonds(CB) worth 30 billion won each.
Linus is considered a leading company producing and supplying rare earth raw materials outside of China. LS Eco Energy expects that this collaboration will enable it to simultaneously mitigate price volatility and supply risks in raw material procurement. In particular, given that rare earths are core materials used across advanced industries such as defense, robotics, and electric vehicles, securing the stability of raw material supply is highly likely to be directly linked to business competitiveness. Both companies plan to expand the scope of cooperation beyond raw material supply to metal processing and final material stages to strengthen synergies across the entire value chain.
LS Eco Energy disclosed on March 26 that it had agreed to a mutual investment with Lynas in the form of exchanging convertible bonds(CB) worth 30 billion won each.
Linus is considered a leading company producing and supplying rare earth raw materials outside of China. LS Eco Energy expects that this collaboration will enable it to simultaneously mitigate price volatility and supply risks in raw material procurement. In particular, given that rare earths are core materials used across advanced industries such as defense, robotics, and electric vehicles, securing the stability of raw material supply is highly likely to be directly linked to business competitiveness. Both companies plan to expand the scope of cooperation beyond raw material supply to metal processing and final material stages to strengthen synergies across the entire value chain.
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The CEO of LS Eco Energy stated, “This is a strategic cooperation beyond simple investment,” adding, “Through the combination of the two companies, we will present a reliable supply alternative in the global market.”
Ultimately, the key to this CB swap lies in the fact that it preemptively secured a non-Chinese rare earth supply chain rather than the financial investment itself.
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