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Reuters
Reuters
Business

Rare earths producer Lynas to restart Malaysia plant at 70% production rate

FILE PHOTO: A general view of the Lynas Advanced Materials Plant in Gebeng, Pahang, Malaysia, July 23, 2019. REUTERS/Lim Huey Teng

Lynas Corp <LYC.AX>, the largest producer of rare earths outside China, said on Monday its processing plant in Malaysia will restart later in the day at about a 70% production rate.

The plant restart comes on the back of easing restrictions by the Southeast Asian nation to control the spread of the coronavirus. The plant has been shuttered since March.

(Reporting by Nikhil Kurian Nainan in Bengaluru; Editing by Kim Coghill)

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