Referenced Stocks

Rescheduling of Initial Hearing Continues to Put On Hold Lynas License to Operate Malaysian Plant

By International Business Times,  October 04, 2012, 03:44:48 AM EDT

The Malaysian Higher Court has rescheduled on Oct. 10 its initial hearing over the highly contested temporary operating license ( TOL ) granted to Australian rare earths miner Lynas Corp. that would jumpstart its Malaysian rare earths processing plant.

The rescheduling effectively keeps the TOL, already in Lynas' hand, prevented for use. Lynas had earlier said it targets the middle of October to start its Malaysian plant.

Read More on International Business Times




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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