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    market news

    Lynas Granted Temporary Operating License in Malaysia

    Investing News Network
    Feb. 01, 2012 12:02PM PST
    Rare Earth Investing

    Bloomberg reported that Lynas Corp. (ASX:LYC) has received a temporary license for its rare earth plant in Malaysia.

    Bloomberg reported that Lynas Corp. (ASX:LYC) has received a temporary license for its rare earth plant in Malaysia.

    As quoted in the market news:

    The Sydney-based miner will be able to start refining under conditions that include a plan for a permanent disposal facility and paying the government a $50 million security bond in installments, the board said in an e-mailed statement yesterday.

    Click here to read the full Bloomberg report.

    lynas corpasx:lycmarket news
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