Malaysia Bars Rare-Earth Imports, Starts Lynas Plant Review
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Lynas Corp. will be barred from importing raw materials into Malaysia until the completion of a study prompted by health and safety concerns related to a processing plant the Australian developer of rare earths minerals is constructing.
The Sydney-based company won’t get a pre-operating license until the month-long independent review is complete, the Malaysian government said. The company can continue building its $220 million refinery in Pahang state while it awaits the outcome of the panel’s study, Rebecca Fatima Sta Maria, secretary-general of the Ministry of International Trade & Industry, told media in Kuala Lumpur today.