Lynas Starts Malaysian Rare Earth Processing Plant Despite Environmental Protests
Nov. 30, 2012 07:20AM PST
Rare Earth InvestingThe Sydney Morning Herald reported that a Malaysian environmental group’s protests over health concerns are continuing at Australian miner Lynas Corporation’s (ASX:LYC) rare earth processing plant, which recently began production.
The Sydney Morning Herald reported that a Malaysian environmental group’s protests over health concerns are continuing at Australian miner Lynas Corporation’s (ASX:LYC) rare earth processing plant, which recently began production.
As quoted in the market report:
Lynas has rebuffed concerns about the $900 million plant – the world’s biggest rare-earths facility outside China – pointing to its success in the Malaysian courts and to the plant’s inspection by a team from the International Atomic Energy Agency last year.