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Australia's Lynas says Malaysia extends operating license for 6 months


Reuters


Aug 16 (Reuters) - Australian rare earths producer Lynas Corp said on Friday the Malaysian government had approved its Malaysian unit's operating license for an initial period of 6 months.

Certain conditions have been imposed for the period, the company said, among which it will be required to relocate its initial processing operations from Malaysia to another site within a 4-year period.

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Aug 16 (Reuters) - Australian rare earths producer Lynas Corp said on Friday the Malaysian government had approved its Malaysian unit's operating license for an initial period of 6 months.

Certain conditions have been imposed for the period, the company said, among which it will be required to relocate its initial processing operations from Malaysia to another site within a 4-year period.






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