Malaysia approves Lynas' application for waste treatment facility
[KUALA LUMPUR] Malaysia has approved Australian rare earths miner Lynas Corp's application to build a permanent disposal facility for waste treatment, a minister said on Tuesday.
Lynas can build its facility in a waste disposal site identified by the Pahang state government, Khairy Jamaluddin the science, technology and innovation minister, said in Parliament.
Identifying a location for the permanent disposal facility was part of the requirements set by the Malaysia government when it renewed Lynas' licence to operate in the country last year.
REUTERS
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Gold edges down as Middle East worries ebb
Oil rises as dollar slips, focus shifts to economic data
California to wrap up ExxonMobil plastics probe ‘in weeks’, AG says
Gold edges higher; hovers near one-week low on tempered Middle East fears
Why has gold’s inverse relationship with the US dollar reversed?
Oil futures fall as fears of a wider Middle East war fade