Lynas Malaysian Plant Cleared, Wins High Court Approval

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Australian miner Lynas Corp. can finally proceed in finishing the construction of its rare earths processing plant facility in Malaysia after a High Court ruled out the complaint filed by Malaysian activists against the plant. 

On Thursday, the High Court said it will not stop Lynas to use its already awarded temporary operating license ( TOL ) to start the plant at Kuantan.

"The court ruled that our fears are premature because the plant is not in operation yet," coalition leader Tan Bun Tet told The Associated Press. "We are disappointed with the decision but we will appeal. We will fight to the end."

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This article appears in: Investing , Commodities

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