Rare earths miner Lynas has received a new three-year operating licence for its Malaysian operation, giving the company leave to operate until March 2023.
The new operating licence is subject to a number of conditions, including Lynas beginning the process to develop a permanent disposal facility within the first year from the date of the licence approval, and the company submitting a work development plan for the construction of the PDF and report its development status as determined by the Malaysian Atomic Energy Licensing Board (AELB).