Australian rare earths miner Lynas Corp (ASX: LYC) and its United States-based partner Blue Line Corporation are fine-tuning funding plans to build a rare earths plant in Hondo, Texas. Lynas, which controls just over 10% of the global rare earths market, signed in May a memorandum of understanding with Texas-based Blue Line to set up a rare earths separation facility in the south-central state. Funding details are expected to be unveiled by the end of February, chairman Mark Harding said at the company’s general meeting held on Tuesday . “We are in various different negotiations with respect to funding and offtake for that plant. We do expect to have more announcements on that sometime in the next two to three months,” chief executive, Amanda Lacaze, added. The facility would be the world’s only large-scale producer of separated medium and heavy rare earth products outside of China, which currently accounts […]