Lynas Rare Earths’ Malaysian operating licence renewed for 10 years
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The news: Lynas Rare Earths’ Malaysian operating licence has been renewed for 10 years, commencing 3 March 2026.
The context: Lynas told the exchange it has received a letter from the Malaysian Department of Atomic Energy, with a formal licence to be “issued by the regulator in due course”.
Lynas’ Malaysian facility became the first commercial producer of heavy rare earth products outside of China in May 2025 and is progressing a $180 million expansion of this capacity.
What they said: “Lynas welcomes the longer licence term which provides greater investment certainty for Lynas and for our rare earths supply chain partners and customers,” Lynas CEO and managing director Amanda Lacaze said.
“On behalf of all Lynas employees, we thank the Malaysian Government for its attention to this matter and its support for the rare earth industry in Malaysia.”
The source: ASX
