Government of Malaysia Rejects Citizen’s Appeal of Lynas Plant

Reuters reported that Malaysia threw out an appeal against Lynas Corp.’s (ASX:LYC) rare earth plant but imposed stricter conditions on its operations.

As quoted in the market news:

A statement from the Science, Technology and Innovation Ministry, which considered the appeal, said there was “no strong justification nor scientific or technical basis” to set aside the temporary operating licence given to the plant in January.

Click here to read the full Reuters report.