Lynas Counters Critiques Against Malaysian Plant

The New York Times reported that Lynas Corp. (ASX:LYC) is seeking to refute claims its rare earth plant in Malaysia will cause pollution hazards.

As quoted in the market news:

The company, Lynas, said the first phase of its project would be ready to open in two weeks. But it is unclear when the plant will begin operations, as the Malaysian government has withheld the company’s temporary operating license while it hears appeals from people opposed to the facility.

Click here to read the full New York Times report.