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Malaysia sets licence renewal conditions for rare earths miner Lynas

Published 04/12/2018, 07:03 pm
Updated 04/12/2018, 07:10 pm
Malaysia sets licence renewal conditions for rare earths miner Lynas
LYC
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KUALA LUMPUR, Dec 4 (Reuters) - Malaysia's Energy and Environment Ministry on Tuesday set conditions for future renewal for rare earths miner Lynas Corp's LYC.AX licences to operate in the country.

The ministry said in a statement that Lynas must remove radioactive residues from Malaysia and will need to submit an action plan for non-radioactive waste disposal for future licences or permission renewals.

In a report issued on the ministry's website, a committee commissioned to review Lynas' processing plant also recommended improvements to residue management, periodic health monitoring and studies to identify the source of heavy metals in areas near the plant.

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