News Column

World's Largest Rare-earth Plant Begins Production

Feb 27, 2013

The world's largest rare-earth processing plant in north-eastern Malaysia has began producing finished products, its Australian owner said Wednesday.

Lynas Corporation Ltd began operating its facility in Kuantan town in Pahang state, 210 kilometres north-east of Kuala Lumpur, in November despite environmental protests over health concerns.

Rare-earth metals are vital components in the manufacture of high-technology products such as smart phones, hybrid cars and wind turbines.

Lynas said it expects to process up to 22,000 tons of rare-earths ore annually, or about 20 per cent of the world market, at its Malaysian facility. It hopes to generate some 8 billion ringgit ($2.66 billion) annually from its operations.

A Malaysian court is still hearing a petition to revoke the operating licence, which Lynas and the national authorities say meets all domestic and international standards.



Source: Copyright 2013 dpa Deutsche Presse-Agentur GmbH


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