Lynas Advanced Materials Plant Update

June 20, 2011 (Source: Lynas) — Lynas Corporation Limited (“Lynas”) (ASX:LYC, OTC:LYSDY) wishes to update shareholders with respect to the independent technical review being conducted on the Lynas Advanced Materials Plant (LAMP) currently under construction in the Gebeng Industrial Estate, near Kuantan, Malaysia.

In the first week of June, the IAEA concluded the independent expert mission to Malaysia to review radiation safety at the LAMP. The 10-member review team held technical meetings as well as numerous sessions to gather public views and hear concerns about the facility. It also met Lynas project staff and visited the construction site during its week-long mission, which was carried out at the invitation of the Malaysian Government.

"The meetings and interviews were transparent, open and were held with a good working atmosphere and cooperation with all the parties," said the IAEA's Tero Varjoranta, the team leader.

Click here to see the full news release.

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