LYC 0.63% $6.41 lynas rare earths limited

News: LYC Malaysia gives Lynas until Feb. 15 to store rare earths residue, page-2

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    The ministry said in its statement that the extension was only temporary "and not without a time limit as announced by the company".

    Where? Lynas said no such thing

    Lynas has previously submitted an Action Plan for the Lynas Malaysia plant to be licensed as prescribed premises for the management and disposal of NUF. The regulator has confirmed that it is considering the Lynas application in accordance with applicable legislation. Lynas is in the process of obtaining the additional documentation required to support the application, including an Environmental Impact Assessment and approval from other relevant authorities.
    In the meantime, Lynas has been granted an extension of the temporary permission to store NUF at the Lynas Malaysia site.

    More like the Ministry has NUFin Idea.
    Last edited by CEOChair: 30/10/18
 
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