LYC 2.37% $7.78 lynas rare earths limited

http://resourceinvestingnews.com/38811-china-releases-rare-earth-...

  1. 26 Posts.
    http://resourceinvestingnews.com/38811-china-releases-rare-earth-white-paper.html

    Lynas to finally begin Malaysian operations

    Lynas Corporation (ASX:LYC), a company focused on creating a fully-integrated source of rare earth from mine through to market, is set to finally see progress on its delayed REE plant after Malaysian lawmakers requested that the government issue a temporary operating license (TOL) despite community safety concerns. Experts suggest that the plant could begin operating within four months of the issuance of a TOL.

    “Among all the rare earths factories in operation, they (Lynas) are the most advanced, we were told by international experts,” select committee chairman Mohamed Khaled Nordin told reporters.

    The project gained global attention when protesters in the city of Kuantan claimed there is a risk of dangerous radiation from the plant – something that few believe the Malaysian government could cope with if leakage were to occur.

    So whats the opinion on this???
 
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$7.78
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