That is a good reminder TG, and a very logical step for Malaysia...

That is a good reminder TG, and a very logical step for Malaysia to take if it wants to join the real world at some point, clearly the Review Committee reference to "meet latest international standards" would mean updating their antiquated NORM levels in line with ROW.

Unfortunately that is not going to happen quickly but if educated, experienced & motivated people like the new Chair of Mara Corp grow in influence over the political opportunists it will happen near term. The very real possibility that Malaysia could lose most if not ultimately all of its RE industry purely due to self serving politicians leveraging outdated regulations to create fear will not be lost on the adults.

First step is the license renewal to ensure a viable business that gives the Japanese particularly (again note AL's comment re "diplomatic support) surety of supply at a very crucial juncture, but very confident that will only be the initial step in rehabilitating Malaysia's engagement with the RE industry.

And they would be well aware they have little time to dilly dally given the damage they have inflicted on Lynas, particularly as now obvious other Govt's view RE/Lynas as a very desirable business.

Worth mentioning AL's comments re Malaysian engineers working on both Kal & Blueline JV, along with their head of tech that has done HRE previously, all part of "IP built at LAMP", these are incredibly important assets, though you'll never see them on a balance sheet, plus the experienced operations team that is almost exclusively Malaysian and now runs LAMP day to day dealing with all the issues a variable feed stock is constantly going to throw at you (something the wannabe's with their dinky pilots & glossy PDF's seem blissfully unaware). Malaysia should be incredibly proud of these people, not treat them as pariahs, they are highly valued assets Lynas does not want to lose, to the contrary they are very focused on developing this team to match or better the very best inside China that has taken 30yrs.