Lynas Granted Temporary Operating License in Malaysia

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.

The Conversation (0)
×