LYC 1.15% $7.71 lynas rare earths limited

lynas can only export rare earth oxide not ore, page-7

  1. 1,440 Posts.
    i have read this 10 times and still dont know


    “Lynas was issued a permit by Australia to build a factory to extract rare earth oxide from rare earth ore. Its plan to export rare earth ore to Malaysia therefore contradicts the permit terms.”

    Australia issued the permit to build a factory in Australia but they built a factory in Malaysia - is this correct?

    If correct isnt it up to Malaysia to issue the permit to import the ore?

    looking like a buy soon

 
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