KUALA LUMPUR: The chief executive of Australian rare earth metals producer Lynas Corp said on Friday that feedback from the Malaysian government relat...
Rare earth oxides praseodymium and neodymium are pictured in the final stage of production at Lynas Corp Ltd’s Advanced Materials Plant in Gebeng, Pahang, on July 3, 2014. — Reuters: The chief executive of Australian rare earth metals producer Lynas Corp said on Friday that feedback from the Malaysian government relating to its plans to move initial ore processes out of the Southeast Asian nation has been favourable.
The operating licence for Lynas’ processing plant in the Malaysia, due for renewal in September, is under threat on concerns over waste disposal. Prime Minister Tun Dr Mahathir Mohamad said in April that Lynas or any other company will need to clean raw materials coming to Malaysia in order to operate in the country.
Lynas said it could reuse the waste by processing it into a soil enhancer, as well as storing the waste in a permanent disposal facility.
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