Malaysia rare earths plant wins license to operate

September 5, 2012

(AP)—Australian miner Lynas Corp. says it has secured the Malaysian government's approval to fire up a controversial rare earths plant.

The operating license ends months of delays sparked by safety concerns surrounding the Australian company's plans to process rare earths crucial for manufacturing high-tech products.

Lynas said in a statement Wednesday it can now transport rare earths concentrate to Malaysia and potentially start the in October.

Civic groups have staged numerous supporting residents near the 2.5 billion ringgit ($793 million) plant in eastern Malaysia who fear leaks of .

Lynas reiterated Wednesday the plant was "fully compliant with international standards."

The refinery is to be the first in years outside China, which has restrictions on rare earth exports.

Explore further: Malaysia reviews safety of rare earth plant


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