In the advantage: Lynas plant in Gebeng. Being the largest rare earth producer outside China, Lynas Corp and its US$800mil (RM3.35bil) processing plant in Malaysia could reap various benefits should Beijing decides to turn its rare earth exports to the US as a trade weapon. — Reuters
KUALA LUMPUR: Lynas Corp, which operate a controversial rare earth processing plant in Gebeng, near Kuantan, can potentially emerge as a “winner” in the protracted trade war between the United States and China.
A recent statement by China’s rare earth producers on its readiness to use their dominance of the industry as leverage in the trade war with Washington could force their customers in the US to look elsewhere for the precious minerals.
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