LYC 0.34% $5.93 lynas rare earths limited

Australian miner Lynas Corp has failed to secure a court order...

  1. 94 Posts.

    Australian miner Lynas Corp has failed to secure a court order preventing Malaysian activists from criticising its plan for a rare earths plant.
    Top business news

    Malaysia refuses to gag Lynas critics

    Safety concerns have caused a protracted delay in Lynas' efforts to process rare earths critical for manufacturing high-tech products.

    A High Court rejected Lynas' application to block a coalition of villagers from publishing statements about the project that Lynas insists are defamatory.

    Coalition representative Tan Bun Teet said on Thursday's verdict was a "small victory" for activists to maintain their opposition.

    Lynas' lawyers did not immediately comment.

    A parliamentary panel has ruled the project is safe. But officials have not approved an operating licence.

    Opponents fear leaks of radioactive waste. But Lynas says the first rare earths refinery outside China in years has state-of-the-art pollution controls.

    I hope that aelb issue the tol soon, and prove to everyone that lynas is safe, otherways smsl will really have something to gag about, aelb credibility.
 
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