Malaysian High Court Allows Lynas Opponents to Question and Review License in High Chambers

By International Business Times,  August 30, 2012, 03:22:08 AM EDT

Opponents to the rare earths processing plant of Lynas Corp. in Malaysia scored a win after a Malaysian High Court this week approved to hear the application for two judicial reviews lodged against the plant's temporary operating license ( TOL ).

This as Australian rare earths miner Lynas announced on Wednesday that it has fully completed the construction of its $350 million Lynas Advanced Materials Plant (LAMP) in Kuantan, Malaysia. Shares jumped 7 per cent to 70 cents that day.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks: TOL



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