AAP Finance

Lynas’ Malaysian licence renewed

By AAP Newswire

Lynas Corp says the Malaysian government has renewed its operating licence in the country for an initial six months, bringing to a close a dispute over the waste disposal.

The ASX-listed rare earths miner said it would need to meet certain conditions, including the relocation of its initial processing operations from Malaysia to Western Australia within a four-year period.

Lynas Malaysia said it was confident of meeting an additional requirement to obtain consent for a permanent water leach purification deposit facility within six months.