Lynas committed to boosting investment in R&D


KUANTAN: Lynas Malaysia will commit to increasing its existing research and development investment to remove naturally-occurring radioactive material (NORM) from residues under its updated operating licence.

Australian rare earth materials producer Lynas Rare Earths said its wholly-owned Malaysian subsidiary would increase its R&D investment in Malaysia from 0.5% to 1% of Lynas Malaysia’s gross sales.

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