Malaysia to update on rare earths producer Lynas' license in mid-August [Reuters]
LYNAS RARE EARTHS S/ADR (LYSDY)
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Source: Reuters
Malaysia to update on rare earths producer Lynas' license in mid-August - Reuters 1 Min Read (Reuters) - Rare earths miner Lynas Corp said on Wednesday the Malaysian government has indicated it will make an announcement on its operating license there in mid-August. Reuters reported on Monday, citing sources, that Malaysia plans to extend the company’s license to operate an $800 million rare earths processing plant, although it could be for a shorter duration than the usual three years. A decision to extend the license by a Sept. 2 deadline is important for the market for rare earths because Lynas is the biggest producer outside China. Reporting by Aditya Soni in Bengaluru; Editing by Paul Tait All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved. Malaysia to update on rare earths producer Lynas' license in mid-August (Reuters) - Rare earths miner Lynas Corp said on Wednesday the Malaysian govern
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