Australia's Lynas to upgrade Malaysian rare earth refinery amid dispute over operating license
Australian miner Lynas Rare Earths says it will temporarily shut down most of its operations in Malaysia for upgrades while dealing with a legal battle with the Malaysian government over its operating license
KUALA LUMPUR, Malaysia — Australian miner Lynas Rare Earths said Friday that it will temporarily shut down most of its operations in Malaysia for upgrading as it deals with a legal battle with the Malaysian government over its operating license.
Lynas said in a report to investors that a Malaysian court is set to hear in November its application for a stay to allow it keep operating while other administrative and legal appeals are being heard. It didn't give an exact date.
The Lynas refinery in Malaysia, its first outside China producing minerals that are crucial to high-tech manufacturing, has been operating in central Pahang state since 2012. But it has been locked in a battle over concerns about radiation from waste accumulating at its plant.
Earlier this year, the government approved the renewal of Lynas' license for three years until March 2026. But it said Lynas must move its cracking and leaching processes — which produce the radioactive waste from Australian ore — out of Malaysia. It also is not allowed to import raw material with radioactive elements into the country.
It said Lynas has produced approximately more than a million metric tons of radioactive waste since 2012.
Lynas insists its operations are safe and has sought to remove the conditions that it said marked a “significant variation” from the conditions under which it made the initial decision to invest in Malaysia. It has taken its dispute with the government to the Malaysian court and says it is prepared for any outcome.
Most operations at the
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