Lynas Malaysia secures 10-year operating licence renewal


PETALING JAYA: Lynas Malaysia has secured a 10-year renewal of its operating licence.

Lynas Rare Earths Ltd said the Malaysian Atomic Energy Department has confirmed that the company’s operating licence for Lynas Malaysia has been renewed for a further 10 years, effective March 3, 2026.

The formal licence will be issued by the regulator in due course.

Commenting on the renewal, Lynas Rare Earths chief executive officer and managing director Amanda Lacaze welcomed the extension and thanked the government.

“Lynas welcomes the longer licence term, which provides greater investment certainty for Lynas and for our rare earths supply chain partners and customers.

“On behalf of all Lynas employees, we thank the Malaysian government for its attention to this matter and its support for the rare earths industry in Malaysia,” she said.

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

New court to resolve cross-border commercial disputes, boost investor confidence
Cops to call up activist over statements on Rawang temple
Take PM's use of 'howling' in the right context, PKR youth chief tells critics
Cable theft syndicate busted, 9 held in Selangor
New central monitoring system to track 13MP rollout, Dewan Rakyat told
Japan’s Volcano Islands hit by 6.0-magnitude quake
Bahrain announces one killed, two injured by falling debris from intercepted missile
MCMC warns against recirculating videos insulting religion
Crypto extortion probe: Cops waiting for digital forensics report
Govt closely tracking safety of Malaysians amid Middle East tensions

Others Also Read