Malaysia renews Lynas licence for rare earths processing plant
The Australia-listed firm is the only major proven producer of rare earths outside China
15 August 2019 - 15:21
Kuala Lumpur/Melbourne — Malaysia on Thursday renewed the operating licence for a rare earths processing plant owned by miner Lynas Corp for six months with new conditions, an extension shorter than investors and industry analysts had expected.
The Australia-listed firm is the only major proven producer of rare earths outside China, and the decision to renew its licence comes as markets are concerned that the industry may get embroiled in the trade war between Beijing and Washington...
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