LYC lynas rare earths limited

will lyc announce when we have an import permi, page-8

  1. 94 Posts.

    SS, I think the confusion is between an "import licence" and an "import permit". You have to have a licence, and then apply for a permit for each shipment - seem to recall something a while back about each permit taking about a week and being pretty pro forma.

    This link from the NST (govt leaning/mouthpiece I think?) might make it clearer

    http://www.nst.com.my/nation/general/lynas-plant-to-conduct-test-run-1.139909


    *************************
    ...
    Aziz said the TOL (temporary operating licence) was not a "blank cheque" that allowed the Australian company to do as it pleases.

    Apart from TOL, Lynas must also apply for a separate import licence to bring in the raw lanthanide concentrate from Mount Weld in Western Australia.

    For each consignment of lanthanide concentrate that comes into the country, Lynas will have to go through a system of import permit which will be issued by AELB from time to time.

    "Although AELB does not determine when Lynas can bring in lanthanide, it will be continuously monitored. AELB will monitor the operations throughout the tenure of the TOL and Lynas would be required to apply for a permit for every consignment of rare earth concentrates shipped into Malaysia."

    As of yesterday, Aziz said AELB had yet to receive any notification of a dry run or an application for import permit.
    ...
    *************************************

    AFAIK, the permit should be a given and wouldn't require notification
 
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