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Malaysia on Tuesday amended Lynas Rare Earths’ operating license 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. Lynas had earlier been permitted to import and process lanthanide concentrate, which contains the radioactive material, until January 2024.
In a statement, Lynas said the change to its license will allow its Malaysian facility to continue to import and process lanthanide concentrate from its mine in Western Australia.
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