Malaysia renews Lynas operating licence for 10 years, securing Western heavy rare earth supply

Lynas Rare Earths/Malaysia Heavy Rare Earth Separation

Malaysia renewed Lynas's operating licence for an additional 10 years through March 2036, providing long-term regulatory certainty for continued operations at the Kuantan Advanced Materials Plant. The renewal secures supply of separated heavy rare earth oxides for global magnet manufacturers and electric vehicle producers, though the company must end radioactive waste production by 2031.