The company is set to build new concentrator and desalination plants as well as additional tailings storage at the El Abra mine.
The acquisition expands the company's Central Project by 270km², increasing the total area to 590km².
First production output at Lynas Malaysia was initially planned for April 2026.
Riverside acquired the La Famosa and Dana 7 concessions.
The agreement relates to Troilus Mining’s project in north-central Québec, Canada.
The company is conducting a comprehensive and systematic drilling programme aimed at improving resource classification.