Tuesday, October 24, 2023

Malaysia gives nod for Australian miner Lynas to import, process rare earths until March 2026 October 23, 2023 at 11:04PM

The Malaysian government has granted Lynas Rare Earth permission to continue importing and processing rare earths until March 2026. This comes after Lynas proposed a new technology to extract radioactive elements from the waste it produces. The government had previously ordered Lynas to move its processes out of the country by the end of this year due to radiation concerns. The government now considers the extraction proposal feasible and believes it fulfills their decision to not allow the accumulation of radioactive waste.

Chinese FM Wang Yi to visit US this week for high-level talks October 23, 2023 at 10:23PM

China's foreign minister Wang Yi is set to visit Washington for high-level talks with US secretary of state Antony Blinken. The visit is seen as a potential precursor to a meeting between president Joe Biden and Chinese President Xi Jinping next month. The talks will cover bilateral, regional, and global issues as part of efforts to manage the US-China relationship and maintain open communication channels. The visit comes amid ongoing tensions between the two countries, including trade disputes and conflicts in the South China Sea.