Malaysia: Heads will Roll on Controversial Lynas Plant Residue Issue

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Opponents to the controversial Lynas rare earths processing plant in Malaysia now clamored for the resignation of the four ministers who approved the awarding of the temporary operating license ( TOL ) to Australian miner Lynas Corp after the latter denied the existence of a provision in its licence which states that the plant's residue must be shipped out of Malaysia.

Lynas Corp said moving the plant's waste residue out of Malaysia was an arrangement not stipulated in its TOL, maintaining what it had earlier announced months before was that it could remove the waste but only voluntarily.

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This article appears in: Investing , Commodities

Referenced Stocks: TOL

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