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Malaysia Rare Earths in Largest Would-Be Refinery Incite Protest
May. 31, 2011 04:58PM PST
Rare Earth InvestingBloomberg reported on protests over Lynas Corp’s (ASX:LYC) proposed rare earth refinery in Malaysia.
Bloomberg reported on protests over Lynas Corp’s (ASX:LYC) proposed rare earth refinery in Malaysia.
The market news is quoted as saying:
Member of Parliament Fuziah Salleh tells the residents that the Australian company got a 12-year tax break from Malaysia even as other countries would shun the plant — set to be the world’s largest rare-earth refinery — because of the health risks it poses.