Lynas Rare Earths asks Malaysia court to review license

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Lynas Rare Earths asks Malaysia court to review license
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Australia's Lynas Rare Earths seeks judicial review for Malaysia license

:Lynas Rare Earths Ltd said on Wednesday it had approached Malaysia's top court to review its license to operate in the country, which has a condition that bars the miner from importing and processing lanthanide concentrate from January.

"The license conditions which limit operations at the Lynas Malaysia facility represent a significant variation from the conditions under which Lynas made the initial decision to invest in Malaysia," the miner said. Lynas, the world's biggest producer of rare earths outside China, would have to shutter the cracking and leaching part of its rare earths processing plant in Malaysia if the conditions are not removed by 2024.

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