Lynas not shutting, just no cracking and leaching after Dec 31

Lynas not shutting, just no cracking and leaching after Dec 31

The six-month extension for Lynas' cracking and leaching activities is to avoid affecting the global supply chain of rare earths, says minister.

Science, technology and innovation minister Chang Lih Kang clarified that Putrajaya was not shutting down Lynas’ operations in Malaysia.
KUALA LUMPUR:
The government is not shutting down Lynas Malaysia Sdn Bhd’s (Lynas) operations, though the company will not be allowed to carry out cracking and leaching (C&L) activities in the country after Dec 31, says science, technology and innovation minister Chang Lih Kang.

He said the decision to allow the factory to carry out C&L activities for another six months was to avoid affecting the supply chain of rare earths at the global level.

The extension was also to give Lynas time to complete the company’s C&L plant in Australia which was still under construction.

“Their plant in Kalgoorlie, Western Australia, is almost ready and the extension accounts for the possibility that (the plant) isn’t completed before July,” he told reporters after the closing of the NGO@Makerthon programme at the Muhibbah Community Complex, here.

Previously, the ministry announced that Lynas’ appeal to remove the four licensing conditions set by the Atomic Energy Licensing Board (AELB) had been rejected.

On Sunday, Prime Minister Anwar Ibrahim confirmed that the government had given Lynas an extension of six months to allow the company to meet licensing requirements to operate in the country.

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