This is how I am reading it:
The Dow Jones headline states that Lynas hasn’t been given the licence to import RE
Quite true – as Lynas hasn’t yet been granted the licence to process RE in Malaysia
Surely they won’t be granted a licence import until they have the licence to process.
The Dow Jones newswire specifically refers to ‘Import’ and not ‘processing’. Lynas first needs to be granted a licence to process Rare Earths (LAMP). After this licence is granted, Lynas will be in a position to get a licence to import RE.
Maybe I’m clutching at straws – I think the Dow Jones headline is very misleading and is not responsible reporting
lamp first then import licence
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