to ensure its rare earths plant in Pahang, the world’s largest, is effectively radiation-free.
China controls four-fifths of the global production of the mineral crucial to high-technology applications such as smartphones, electric vehicles and military assets. Opposition Perikatan Nasional as well as industry and diplomatic officials have lobbied Mr Chang to revise the conditions to ensure Lynas would not have to shut down its Malaysian operations that account for half of the world’s rare earth supply outside of China.
“The six-month deferment will now allow Lynas a seamless transition. It’s a win-win compromise,” a source told ST.
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