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Malaysia to let Lynas continue running rare earths plant

Elaine Lies and Aaron Sheldrick

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Malaysian Prime Minister Mahathir Mohamad said on Thursday that his country will allow Australian rare earths producer Lynas to keep operating a processing plant in the country.

Mahathir's comments remove the uncertainty that had been hanging over the future of Lynas' $800 million plant after Malaysia halted the process for renewing its licence because of waste disposal concerns.

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Reuters

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    Original URL: https://www.afr.com/companies/mining/malaysia-to-let-lynas-continue-running-rare-earths-plant-20190530-p51sz1