Shares of Rare Earths Miner Lynas Up on Latest Win Against Malaysian Protesters

By Esther Tanquintic-Misa,

Shutterstock photo

Shares of Australian rare earths miner Lynas Corp surged by as much as 2 per cent as of 1315 AEDT on Tuesday over its latest win versus the protesters who are against the presence of its processing facility in Malaysia.

On Monday, the Malaysian Federal Court decided to uphold the decisions made by the nation's lower courts which called for the dismissal of the Save Malaysia Stop Lynas (SMSL) protest group's challenging the temporary operating licence ( TOL ) awarded to Lynas. Specifically, the group wants the TOL revoked.

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 Nasdaq, Inc.

This article appears in: Investing Commodities
Referenced Stocks: TOL

More from International Business Times


International Business Times

International Business Times

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by