Minister signals Lynas can run Malaysia unit if waste taken back

Malaysia’s science minister suggested Lynas Rare Earths Ltd. could keep its unit in the Southeast Asian nation if the Australian company ships out the radioactive waste.
“If someone is willing to ship the ‘low risk radioactive waste’ (as claimed) out of our country, the government can consider retaining C & L plant in Gebeng,” minister Chang Lih Kang said in a tweet on Sunday, referring to Lynas’ cracking and leaching units of its facility in Kuantan.
Earlier this week, Lynas got its operating license for its Kuantan plant renewed for three years starting July 1, but failed to get approval to keep running a unit that Malaysian authorities say generates radiocative waste. “No party has the right to continuously produce radioactive waste in our homeland,” Chang told reporters on Wednesday.
The company’s operating license in Malaysia came with conditions that prohibited the import and processing of lanthanide concentrate after July 1 this year, meaning the miner will have to close the cracking and leaching units.
Lynas, the largest producer of rare earths outside China, said the Malaysian unit has appealed license conditions to the Minister of the Ministry of Science, Technology and Innovation.
(By Kok Leong Chan)
More News
First Quantum’s Cobre Panama mine ready to suspend arbitration
Panama government will allow the export of 120,000 metric tons of copper concentrate that has been stuck in the shuttered mine for over two years and allow restart of the power plant used to run the mine.
March 14, 2025 | 12:31 pm
Trump-driven turbulence draws new investors into gold
Analysts say the policy upheaval has begun to tempt US investors into gold ETFs.
March 14, 2025 | 11:27 am
{{ commodity.name }}
{{ post.title }}
{{ post.excerpt }}
{{ post.date }}
Comments
W
The very best thing that LYNAS could possibly do, is get the hell, out, of Malaysia, as soon as possible, and well away from, their continual ‘corrupt’ political interference, with their ‘politically inspired’ operating restrictions, that are arbitrarily imposed, upon their RE business…!!