Malaysia allows Lynas to import radioactive raw material until 2026

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The Australian firm is the world’s largest producer of rare earths outside China. Read more at straitstimes.com.

KUALA LUMPUR – Malaysia on Tuesday amended Lynas Rare Earths’ operating licence to allow the Australian firm to import raw materials containing natural radioactive material and process rare earths until March 2026.

Science and Technology Minister Chang Lih Kang said Lynas will be allowed to import radioactive material and continue processing rare earths, provided the firm carries out thorium extraction to remove radioactive waste. In a statement, Lynas said the change to its licence allows its Malaysian facility to continue to import and process lanthanide concentrate from its mine in Western Australia.

 

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