0055 GMT - Barrenjoey analyst Daniel Morgan seeks to soothe any concerns about Lynas Rare Earths' license renewal in Malaysia. The rare earth producer's operating license is due to expire Monday and a renewal has not yet been received. "Although the license renewal is imminent and may worry some in the market, this is typical of the historical licensing timetable/process," says Morgan. He says the "regulatory environment in Malaysia has improved, and the [Atomic Energy Licensing Act] has been amended to allow for licenses to be longer than the three years maximum under the old act." Lynas is up 6.7% at A$18.39. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
February 26, 2026 19:55 ET (00:55 GMT)
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