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Lynas sees value in initial ore processing in Australia

April 8 (Reuters) - Australian rare-earths miner Lynas Corp said on Monday that it was considering initial ore processing close to its Australia mine, as regulatory hurdles facing its Malaysian processing plant mount.

"We see value in operating alternative cracking and leaching processing close to our resource," Lynas said in a statement.

Malaysian Prime Minister Mahathir Mohamad said on Friday that companies interested in acquiring Lynas had pledged to remove low-level radioactivity before shipping raw materials to the country.

(Reporting by Aditya Soni in Bengaluru; Editing by Peter Cooney)