Lynas announces planned shutdown of Malaysian operations

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PETALING JAYA: Australian rare earths producer Lynas has announced that it plans to shut down all its operations in Malaysia, except its mixed rare earth carbonate processing plant, from mid-November.

“During the shutdown, key personnel from the Malaysian cracking and leaching plant will be deployed to assist with the start-up process in Kalgoorlie, Australia,” it said in its latest quarterly report, released today.

In April, Lynas had said it planned to either temporarily shut down its Malaysian operations or have a period of very low production if licence conditions prohibiting the import and processing of lanthanide concentrate remained.

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