Malaysia May Require Lynas to Import Thorium-Free Rare Earth Ore
TL;DR
- Government to require Lynas to import thorium-free rare earth ore
- Minister Chang Lih Kang announces new conditions for license renewal
- Lynas previously proposed thorium extraction technology in 2023
- Three-year license nearing expiry
New Requirements for Lynas
Malaysia’s Science, Technology, and Innovation Minister Chang Lih Kang has announced that the government will require Lynas Malaysia to import “thorium-free” rare earth ore as part of license renewal conditions.
Background
In 2023, when Lynas Malaysia’s radioactive waste concerns prompted the government to consider license extension conditions, the company proposed “thorium extraction technology” as a solution. With the company’s three-year license nearing expiry, the minister revealed that moving forward, Lynas will be required to apply this technology by importing thorium-free ore.
Environmental Concerns
Lynas operates the world’s largest rare earths processing plant in Malaysia, which has faced scrutiny over radioactive waste storage. The new requirements aim to address environmental concerns while allowing Malaysia to maintain its position in the global rare earth supply chain.
Conclusion
The new conditions represent Malaysia’s effort to balance economic benefits from rare earth processing with environmental protection. By requiring thorium-free ore imports, the government aims to reduce radioactive waste while maintaining the industry’s contribution to the national economy.
Source: Malaysiakini
