Malaysia Mining News

LME ready to address flaws in its metal storage rules

A problem has emerged in relation to the LME's "load-in and load-out" rules, which specify the tonnage that has to be shipped out when a queue to deliver metal is longer than 50 days.

Lynas board turns down $1.1B Wesfarmers bid

The rare earths miner said its board had concluded it would not engage with retail and industrial conglomerate Wesfarmers, stating its unsolicited takeover offer undervalues Lynas' intellectual property.

Lynas weighs up rare earths processing in Australia as Malaysia ups pressure

Lynas, one of the world’s main suppliers of rare earths outside China, said it was open to processing materials closer to its Australian mine if that meant it can renew its licence in the Southeast Asian country.

Australia's Wesfarmers hints takeover battle for Lynas not over

Comments foreshadow an intense takeover battle for the only proven producer of rare earth elements outside China.

Australia's Wesfarmers makes $1.1B bid for rare earth miner Lynas

The offer represents a premium of nearly 45% on Lynas' closing price on Monday, but comes come with some significant conditions, including the rare dearth miner securing all necessary licences in Malaysia.

30 countries face higher resource nationalism risk — report

On the upside, the RNI report shows that 24 nations have seen improvements in their index performance.

New controversy engulfs London Metal Exchange's warehouses

Glencore has lodged a complaint with the LME for an ongoing dispute with the warehouse operator at Port Klang, Malaysia.

Malaysia puts bauxite mining ban on hold until impact studies completed

Miners wishing to resume operations or start new ones must conduct a study on the environmental impact of their activities before receiving licences.

Lynas auditors flag 'material risk’ for the rare earths miner over Malaysia conditions

Ernst & Young report raises concerns about the company’s future due to Malaysia’s order to remove its radioactive waste by September.

Strange days for coal with Glencore's cap, China curbs

It's little surprise that environmental activists may be tempted to pop champagne corks.

Malaysia lifts bauxite mining moratorium after 3-year ban

Malaysia was once the biggest supplier of bauxite to top buyer China, with shipments peaking at nearly 3.5 million tonnes a month.

Fire shuts down Vale’s Malaysia distribution center

The majority of material from the Malaysian distribution center is Brazilian Blend fines destined for China.

Miner Vale says fire to halt operations at Malaysia distribution center

The company said the fire should have a reduced impact on shipments as 10 days of preventive maintenance was already programmed at the terminal.

Malaysian uncertainties complicate Aussie miner Lynas' growth plans

Lynas $800 million plant on the east coast Malaysia began operations in 2012 after long delays caused by legal challenges and environmental disputes.

Lynas mulls legal action as Malaysia conditions licence renewal

The Australian rare earths miner said it was disappointed with Malaysia's decision to impose new conditions on its licence to operate in the country, adding it was considering all options, including legal action.

Malaysia tells Lynas to remove radioactive waste for licence renewal

It needs to be removed by September 2, 2019, when Lynas' temporary storage licence expires.

Lynas Corp's Malaysia plant shut down until 2019

The shutdown of the controversial plant could see the Australian rare earths producer take a A$16 million hit.

Lynas jumps after winning temporary extension for Malaysia rare earth plant

The Australian rare earths miner has been granted an extension to a temporary permit to store residue at its Malaysian site.

Silver boosts treatment for brain-eating bug

The precious metal can help save lives.

Dyson picks Singapore to build electric cars rivaling Tesla

From vacuum cleaners to electric vehicles.

Flow of LME nickel to hidden storage dents bull story

465,000 tonnes of nickel play 'hide and seek'

Lynas jumps after its critic in Malaysian Gov't leaves review team

Deputy Minister Fuziah Salleh, a long-standing critic of Lynas’ plant, offered to step down from the committee reviewing the facility following criticism that she would not be impartial.

Lynas shares jump on Malaysia review comments

Shares in Australian rare earths miner Lynas Corp jumped 12 percent on Friday after Malaysia's prime minister downplayed the roles of two Lynas critics.

Lynas presses Malaysian authorities to explain plant review status

The newly-elected coalition government is said to be ready to launch a three-month evaluation of Lynas' rare earths processing plant, which may end with authorities denying the company’s operating license renewal in Sep. 2019.

Lynas shares collapse on rumours of review in Malaysia

Malaysian media reported the newly-elected coalition government will shortly begin a three month evaluation of the company's rare earths processing operations in the province of Kuantan.