Gains Major Project Status, which will help streamline approvals processes.
Removes problem the company had in Malaysia regarding radioactive waste.
Lynas to work with Malaysian investor to attract downstream hopefuls.
Lynas had planned to build the plant in Gebeng, Malaysia.
Lynas' CEO is confident licence conditions in Kuantan will be met within new timeframe.
Export of WLP residue will not be a condition of renewal for Lynas' Malaysian licence after all.