Lynas Waits for Decision on Malaysia Rare Earth Plant

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.