LYC 0.63% $6.41 lynas rare earths limited

AELB Director-General Hamrah Mohd Ali said the FOSL as a proof...

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    AELB Director-General Hamrah Mohd Ali said the FOSL as a proof Lynas has fully complied with the conditions set by AELB during its TOL operating stage. Lynas can apply for further renewal when the FOSL expires in two years.
    Hamrah added that, “Lynas deserves a three-year FOSL but the board decided only to grant a two-year licence.” He said the board members have the right to decide on the period of the licence, and he was unable to provide the details of the decision-making process since he was not involved.
    http://asiancorrespondent.com/12639...-mining-licence-in-malaysia-despite-protests/
 
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