LYC 1.96% $6.75 lynas rare earths limited

KUALA LUMPUR, Aug 15 (Reuters) - Malaysia on Thursday renewed...

  1. 408 Posts.
    lightbulb Created with Sketch. 87

    KUALA LUMPUR, Aug 15 (Reuters) - Malaysia on Thursday renewed the operating licence for a rare earths processing plant owned by Australian miner Lynas Corp for six months with new conditions, ending a dispute over the waste disposal at the site.

    The Atomic Energy Licensing Board, an agency under the environment ministry, said in a statement that Lynas' processing plant in Kuantan, on the east coast of Peninsular Malaysia, will be given a six-month extension of its operating licence. The original licence was due to expire on Sept. 2.

    Lynas is required to identify a specific location with approval from local authorities for a permanent disposal facility to store its low-level radioactive waste, or it must secure official written approval from a recipient country that will take the waste, the regulator said. (Reporting by Liz Lee; editing by Christian Schmollinger)

    http://news.trust.org/item/20190815095834-7cfoh/
 
watchlist Created with Sketch. Add LYC (ASX) to my watchlist
(20min delay)
Last
$6.75
Change
-0.135(1.96%)
Mkt cap ! $6.309B
Open High Low Value Volume
$6.75 $6.83 $6.72 $8.261M 1.221M

Buyers (Bids)

No. Vol. Price($)
18 2901 $6.74
 

Sellers (Offers)

Price($) Vol. No.
$6.75 12832 57
View Market Depth
Last trade - 15.09pm 04/09/2024 (20 minute delay) ?
LYC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.