Malaysia gives nod for Australian miner Lynas to import, process rare earths until March 2026

Malaysia's government said Tuesday it will allow Lynas Rare Earth to continue to import and process rare earths until March 2026, after the Australian miner proposed a new technology to extract radioactive elements from the waste it produces. The Lynas refinery in Malaysia, its first outside China producing minerals that are crucial to high-tech manufacturing, has been operating in central Pahang state since 2012. The government had ordered Lynas to move its leaching and cracking processes — which produce the radioactive waste from Australian ore — out of the country by the year's end.