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    market news

    Lynas Launches Defamation Suit

    Investing News Network
    Apr. 30, 2012 11:46AM PST
    Rare Earth Investing

    Mining Weekly reported that Lynas Corp (ASX:LYC) is taking court action against groups making what it says are false statements about its Malaysian rare earth plant.

    Mining Weekly reported that Lynas Corp (ASX:LYC) is taking court action against groups making what it says are false statements about its Malaysian rare earth plant.

    As quoted in the market news:

    The Lynas Advanced Materials Plant (Lamp) has been subject to controversy since the Atomic Energy Licensing Board (AELB) approved a two-year temporary operating licence (TOL) in February this year. The TOL was challenged by a group of individuals applying to the High Court for leave to apply for a judicial review of the decision by the AELB.

    Click here to read the full Mining Weekly report.

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