Malaysia plans to extend licence for rare earths producer Lynas

(A general view of the Lynas Advanced Materials Plant in Gebeng, Pahang, Malaysia, July 23, 2019. - Reuters)

KUALA LUMPUR: Malaysia plans to extend Lynas Corp's licence to operate a rare earths processing plant,though it could be for a shorter duration than the usual three years,two sources with direct knowledge of the matter said.

The Australian company has been running the plant in Malaysia since 2012 using rare earths mined from Mount Weld in Western Australia,despite a dispute over the removal of low-level radioactive waste produced by the plant.