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    market news

    Legal Challenge May Cause Further Delays for Lynas Plant

    Investing News Network
    Feb. 23, 2012 09:23AM PST
    Rare Earth Investing

    Reuters reported that Lynas Corp.’s (ASX:LYC) Malaysian rare earths plant could be delayed further by court action against the project.

    Reuters reported that Lynas Corp.’s (ASX:LYC) Malaysian rare earths plant could be delayed further by court action against the project.

    As quoted in the market news:

    Residents in Malaysia’s Kuantan area have launched court action to force the government to review its decision to grant Lynas a temporary operating license to start a rare earths processing plant in June 2012, Lynas said on Thursday.

    Click here to read the full Reuters report.

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