Lynas may temporarily shut down Malaysian operations if licensing prohibitions continue

KUANTAN: Lynas is planning for either a temporary shutdown of its Malaysian operation or a period of very low production if licence conditions prohibiting the import and processing of lanthanide concentrate remain on July 1.

In its latest quarterly report, the rare earth materials producer said it had been planning for multiple scenarios if the Lynas Malaysia cracking and leaching plant closes or remains operational, and the ramp up speed of the Kalgoorlie facility in Western Australia.