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pre operating license, page-15

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    Contrary to your views, this article (posted by another HC member earlier ??) suggests that the license may be granted at any time now since it is no longer waiting for the Malaysian general election (anticipated before end of year)and due to the slow down in the world economy.

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    Rare Earth Plant in Malaysia May be Closer to Opening
    WEDNESDAY, 21 SEPTEMBER 2011

    High Chinese prices, electoral situation, western scarcity of rare metals become factors

    An Australian-owned rare earths processing facility in Malaysia that is reported to be the world�s biggest outside China, which has been delayed by environmentalists and opposition political leaders, may well be gathering enough steam to open by the end of the year, say several sources in Kuala Lumpur.

    The plant, to be located near the east coast city of Kuantan, was not expected to open until after snap national elections that some political observers said might be called late this year. It now looks like the elections will be delayed, however, until at least March of next year and possibly into 2013 when the current parliamentary term ends, partly because of infighting within the United Malays National Organization, partly because inflation is rising and because the economic situation in the developed countries could spell trouble for Malaysia�s exports.

    http://www.asiasentinel.com/index.php?option=com_content&task=view&id=3772&Itemid=32
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