KUALA LUMPUR, May 8 — Minister of Science, Technology and Innovation Chang Lih Kang today said that effective from January 1 next year, Australian rare earths producer Lynas Corp...
KUALA LUMPUR, May 8 — Minister of Science, Technology and Innovation Chang Lih Kang today said that effective from January 1 next year, Australian rare earths producer Lynas Corp must ensure their cracking and leaching plant outside Malaysia is in operation and maintain a financial deposit for compliance.
“Based on Section 32, Atomic Energy Licensing Act 1984, the decision made by the prime minister is final. He added that this decision was taken after a careful evaluation, based on principles of sustainability, development and security. On April 28, a hearing session was held for hearing an appeal from Lynas Malaysia Sdn Bhd regarding the decision of the Atomic Energy Licensing Board which rejected Lynas’s application to drop the four license conditions.
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