Dr M: Malaysia to let Lynas continue running rare earths plant (updated)

TOKYO (Reuters): Prime Minister Tun Dr Mahathir Mohamad said on Thursday (May 30) that Malaysia will allow Australian rare earths producer Lynas Corp to keep operating its rare earths processing plant in Gebeng, Pahang.

Dr Mahathir's comments remove the uncertainty that had been hanging over the future of lynas' US$800mil (RM3.35bil) plant after Malaysia halted the process for renewing its licence because of waste disposal concerns.