KUALA LUMPUR, July 16 -- The operating licence granted to Lynas Malaysia Sdn Bhd will be revoked if the rare earth mining company does not begin the process of developing a permanent disposal facility (PDF) by March 2021.
Science, Technology, and Innovation Minister Khairy Jamaluddin said the operating licence for the company has been renewed for three years starting March this year and the company is required to begin the process within the first year from the licence’s renewal approval date.
“If Lynas is unable to begin work within the time frame, then in March 2021, its operating licence could be revoked,” he said during the Ministers’ Question Time at the Dewan Rakyat sitting today.
Khairy said this in his reply to a supplementary question from Yeo Bee Yin (PH-Bakri) who wanted to know if the government will revoke Lynas' operating licence if it did not fulfil the requirement as stated under the Atomic Energy Licensing Act 1984 (Act 304).
Earlier, replying to a question by Tan Sri Noh Omar (BN-Tanjong Karang) on the extension of Lynas' operating licence, Khairy said the company's application to renew the licence which expired on March 3, had been approved for another three years until March 2, 2023.
The license was approved by the Atomic Energy Licensing Board (AELB) after the company managed to meet several key conditions stipulated under the Act 304.
KUALA LUMPUR, Aug 6 -- Serba Dinamik Holdings Bhd's wholly-owned subsidiary, Serba Dinamik International Ltd (SDIL), has received and accepted a letter of award from Future Digital Data Systems LLC (FDDS) to undertake the engineering, procurement, construction and completion of a data centre and its related facilities, infrastructure, and landscaping in the United Arab Emirates (UAE).
PUTRAJAYA, Aug 3 -- Petroliam Nasional Berhad (Petronas) today withdrew its appeal against the Kuching High Court's ruling that Sarawak is entitled to collect sales tax on petroleum products.
KUALA LUMPUR, July 30 -- Ultra Clean Holdings Inc (UCT), a US NASDAQ-listed developer and supplier of critical subsystems, ultrahigh purity cleaning and analytical services primarily for the semiconductor industry, will be setting up a 300,000 square foot manufacturing facility in the Batu Kawan Industrial Park, Penang.
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