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BRIEF-Lynas Corporation Appeals Condition Imposed For Renewal Of Lynas Malaysia's Operating Licence

Published 03/01/2019, 04:46 pm
Updated 03/01/2019, 04:50 pm
BRIEF-Lynas Corporation Appeals Condition Imposed For Renewal Of Lynas Malaysia's Operating Licence
LYC
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Jan 3 (Reuters) - Lynas Corporation Ltd LYC.AX :

* LYNAS APPEALS CONDITION IMPOSED ON 4 DECEMBER 2018

* DECISION PURPORTED TO IMPOSE A NEW CONDITION TO RENEWAL OF LYNAS MALAYSIA'S OPERATING LICENCE WHICH IS DUE ON 2 SEPT 2019

* LYNAS MALAYSIA CONTINUES TO OPERATE ON BUSINESS-AS-USUAL BASIS, PRODUCTION HAS RECOMMENCED FOLLOWING TEMPORARY HALT IN DEC 2018

* LYNAS MALAYSIA FILED APPEAL IN RESPECT OF DECISION COMMUNICATED IN MESTECC PRESS STATEMENT & IN LETTER FROM DEPUTY DIRECTOR OF AELB

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