Lynas chief executive Amanda Lacaze hopes the decision by Malaysia to allow it to keep operating in the country will bring an end to the political brawl that has dogged the rare earths company for months.

"We have a clear pathway to continuing operations," she told investors and analysts on a conference call on Friday.

"We are hopeful this will see a significant lessening in the politicisation (of the process).

Lynas boss Amanda Lacaze hopes the decision will end the political brawls over the company's future in Malaysia. Credit:Peter Braig

The ruling coalition in Malaysia, led by Prime Minister Mahathir Mohamad, has been at loggerheads over the Lynas operation, but Dr Mohamad has consistently backed the ASX-listed company and offered compromises that would allow it to continue operating. Those compromises formed new conditions announced on Thursday evening.