KUALA LUMPUR: A six-month extension was granted to Lynas Malaysia Sdn Bhd after taking into consideration the global supply chain conditions for rare earth, says Chang Li Kang.
The Science, Technology and Innovation Minister said on that note the government had decided to extend the rare earth company’s activity in Gebeng until the end of December 2023.
“Hence the matter cannot be disclosed,” he said during the Oral Question and Answer Time in the Dewan Rakyat on Wednesday . “We gave them a six-month extension because we were informed that the cracking and leaching facility in Australia cannot be completed by July. Noting that we cannot let the global supply chain be disrupted, we gave them an extension of six months,” he said.He said although four ministers have taken office since 2020, the four licensing conditions imposed have remained unchanged.
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