LYC 1.65% $6.15 lynas rare earths limited

lamp first then import licence, page-2

  1. 805 Posts.
    lightbulb Created with Sketch. 22

    Here is the post from Bernama, the Malaysian National News Agency

    http://www.bernama.com/bernama/v5/newsindex.php?id=620976

    Lynas Not Given Permission To Import Rare Earth Ore Into Malaysia, Says MITI, MOSTI

    KUALA LUMPUR, Oct 19 (Bernama) -- Lynas Corporation has never been issued a licence nor given permission to ship rare earth ore into Malaysia.

    The International Trade and Industry Ministry (MITI) and the Ministry of Science, Technology and Innovation (MOSTI), in a joint statement today, said Lynas was not authorised to import any rare earth ore into the country without the prior approval of the Atomic Energy Licensing Board (AELB).

    "AELB has made it clear then that no such approval was ever given," the statement said, adding that for the importation of rare earth ore into Malaysia, a would-be importer must be issued a two-stage authorisation.

    On October 7, MITI, MOSTI, AELB and other relevant agencies met leaders of "Anti-Lynas Coalition" to clarify issues surrounding the Lynas controversy and to hear views of those who were opposed to the project.

    At the meeting, the anti-Lynas representative told MITI they had information that Lynas was planning to import rare earth ore in October via the Kuantan Port.

    -- BERNAMA
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.15
Change
0.100(1.65%)
Mkt cap ! $5.748B
Open High Low Value Volume
$6.18 $6.37 $6.08 $26.63M 4.279M

Buyers (Bids)

No. Vol. Price($)
3 17840 $6.14
 

Sellers (Offers)

Price($) Vol. No.
$6.17 8880 1
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.