Lynas mulls processing in Australia as M’sia ups pressure

Lynas chief exective Amanda Lacaze said Lynas has been weighing options to grow its business, which would likely mean expanding beyond its current processing facility in Malaysia.

MELBOURNE: Rare earths miner Lynas Corp said it is considering initial ore processing near its Australian mine as Malaysia stepped up pressure on the company already in the midst of a takeover struggle.

Lynas, the world’s only major producer of rare earths outside China, has been locked in a dispute with Malaysia, which has told it to remove years of accumulated waste at its Malaysian processing plant in order to have its licence renewed.