Lynas gets three-year licence renewal but must stop activities producing radioactive wastes by July

Lynas gets three-year licence renewal but must stop activities producing radioactive wastes by July

The Edge Markets - Malaysia·2023-02-16 05:03

KUALA LUMPUR (Feb 15): Lynas Malaysia Sdn Bhd received a three-year licence renewal last month to operate until March 2026 — provided the rare-earth company moves out all activities that produce radioactive wastes from the country by July this year.

Should it fail to fulfil this and other conditions, the government will revoke the licence, said Minister of Science, Technology and Innovation Chang Lih Kang, who is also the Member of Parliament for Tanjung Malim.

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