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    market news

    Lynas Waits for Decision on Malaysia Rare Earth Plant

    Investing News Network
    Jan. 05, 2012 02:35PM PST
    Rare Earth Investing

    Reuters reported that Lynas Corp. (ASX:LYC) must wait until the end of January for a decision on their proposed rare earths plant in Malaysia.

    Reuters reported that Lynas Corp. (ASX:LYC) must wait until the end of January for a decision on their proposed rare earths plant in Malaysia.

    As quoted in the market news:

    Lynas said the application before the Malaysian licensing board is for a temporary, or pre-operating licence that would enable it to progressively ramp up the plant to produce rare earths at maximum capacity rates.

    Click here to read the full Reuters report.

    lynas corpasx:lycmarket news
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