Lynas faces one final legal hurdle as it edges closer to production

  • RHIANNON HOYLE
  • From:Dow Jones Newswires 
  • January 31, 2013 10:30AM

AUSTRALIAN rare earths producer Lynas says today that it faces only one remaining legal challenge to its controversial new refinery in Malaysia, where it expects to have produced its first sample products next month.

The final case, the last of three requests for a judicial review by a local activist group, was due to be heard next Tuesday, but that date has been postponed to allow the court to deal with some “preliminary matters”, Lynas said, without elaborating further.

It said no new date had been set.

Two earlier judicial review requests, filed against the company’s recently granted temporary operating licence, were dismissed. The opponents, led by activist group Save Malaysia Stop Lynas, could file further appeals, however, Lynas said.

In a quarterly report, the company said its first product samples from the refinery would be available next month, with production increasing to full capacity over the coming months.

 An expansion of the plant was also nearing completion, with construction work 90 per cent finished as of December 31, Lynas said.

Post Tags: , , , ,



Leave a Reply

Videos