Feb 14 (Reuters) - Lynas Rare Earths Ltd (LYC) :
- MALAYSIAN OPERATING LICENCE RENEWED
- OPERATING LICENCE HAS BEEN RENEWED WITH NO CHANGE TO LICENCE CONDITIONS FOR MALAYSIA LICENSE
- CONDITIONS PROHIBIT IMPORT AND PROCESSING OF LANTHANIDE CONCENTRATE AFTER 1 JULY 2023
- WILL CONTINUE WITH NEW FEEDSTOCK SOURCED FROM LYNAS' KALGOORLIE RARE PROCESSING FACILITY ONCE OPERATIONAL
- IF CONDITIONS FROM MALAYSIAN REGULATOR NOT REMOVED BY 1 JULY, WILL REQUIRE CLOSURE OF CRACKING AND LEACHING COMPONENT OF MALAYSIA PLANT
- OTHER PROCESSES AT LYNAS MALAYSIA PLANT NOT COVERED BY CONDITIONS
- WILL SEEK REVIEW THROUGH THESE ADMINISTRATIVE AND LEGAL PROCESSES IN RESPECT OF CONDITIONS
- OTHER PROCESSES AT LYNAS MALAYSIA PLANT WILL CONTINUE WITH NEW FEEDSTOCK SOURCED FROM KALGOORLIE RARE PROCESSING FACILITY ONCE OPERATIONAL
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Price($) | Vol. | No. |
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