PETALING JAYA: Rare-earths processor Lynas Corporation says it aims to begin construction of a permanent waste treatment facility in the country early next year.
Lynas said it will be applying for final regulatory approvals in the next few months, Reuters reported today.
Science, Technology and Innovation Minister Khairy Jamaluddin had told the Dewan Rakyat on Tuesday that the company could build its facility at a site identified by the Pahang state government.
Last month, Khairy said Lynas’s operating license would be revoked if it did not develop a permanent disposal facility (PDF) by March 2021.
In February, Lynas’s licence was renewed for another three years till March 2023, subject to several conditions, including developing its PDF within the first year from the date of the approval.
Lynas must also submit a work development plan for the construction of the PDF and report on its development status.