Lynas' Malaysia Rare Earths Plant Expansion Costs Climb $114m

Malaysia: Protesting Australian rare earth mining company’s deal with the Pentagon

Ever since Western Australian-based company Lynas Rare Earths set up its rare earth refinery near the Malaysian city of Kuantan, it has faced strong community opposition based on well-founded concerns about the plant’s radioactive waste. Peter Boyle reports.

Lynas stung by cost blowout at Malaysian heavy project

Lynas Rare Earths’ push to counter China’s control of defence-grade minerals has been hit by a major cost overrun.

Lynas' Malaysia rare earths plant expansion costs climb $114m

Shares in Lynas Rare Earths dipped after it revealed a more than $100 million cost blowout in an expansion of its Malaysian procesing hub due to higher costs for ex-China equipment.