Malaysia’s Trade Minister Supports Lynas Rare Earth Plant

IBTimes reported that Lynas Corp.’s (ASX:LYC) rare earth plant in Malaysia could provide an important economic boost, according to the country’s trade minister.

As quoted in the market news:

In a report by theSundaily.my over the weekend, Datuk Seri Mustapa Mohamed, Malaysia’s minister for International Trade and Industry Ministry, said the investment of the rare earths producer, along with its Lynas Advanced Materials Plant (LAMP), paves the way for potentially more jobs and bigger economic growth for the country as it would lead to off-shoot undertakings in the area of technology and research and development.

Click here to read the full IBTimes report.