KUALA LUMPUR, Feb 23 — The Science, Technology and Innovation Ministry (Mosti) has received a letter of appeal from Lynas Malaysia Sdn Bhd (Lynas) to drop the conditions of its operating licence in Malaysia and that it was currently being considered.
Its minister Chang Lih Kang said this during the wind up of the debate for the motion of thanks on the royal address at the Dewan Rakyat today, adding that the government had not shut down Lynas, but did not allow its application to drop the conditions set in 2020.
The Atomic Energy Licensing Board previously rejected Lynas’ application to drop four license terms relating to the Water Leach Purification residue after 2023, cracking and leaching activities at the Lynas Advanced Materials Plant and the importation of lanthanide concentrate from Australia.
The decision meant that Lynas would not produce additional radioactive waste after July 2023.
Meanwhile, Chang said under Cradle Fund, the implementing agency of the Malaysia Startup Ecosystem Roadmap (Super) 2021 – 2030, 5,750 startups and individuals had benefited from its programmes from November 2021.
The startups have also benefited from the Malaysia Commercialisation Year (MYC) initiative, a programme to boost research, development and innovation of various parties as wealth generators through commercialisation activities.
He said the initiative is currently in Phase 3.0 ‘MCY Goes Global’, aimed to expand the markets for local products, technologies and R&D services to an international level.
— Bernama
