(Reuters) - Australian rare earths producer Lynas Corp <LYC.AX> said on Friday the Malaysian government had approved its Malaysian unit's operating license for an initial period of 6 months.
Certain conditions have been imposed for the period, the company said, among which it will be required to relocate its initial processing operations from Malaysia to another site within a 4-year period.
(Reporting by Rashmi Ashok in Bengaluru; editing by Richard Pullin)
