Another Lynas Malaysian Court Challenge Dismissed
January 29, 2013 (Source: Lynas) — Lynas Corporation (ASX:LYC, OTC:LYSDY) is pleased to announce that the Kuantan High Court has denied an application by persons associated with the Save Malaysia Stop Lynas (SMSL) group (Applicants) for leave to seek a judicial review of the Atomic Energy Licensing Board’s decision to issue the Temporary Operating Licence (TOL) to Lynas. The application was referred to in Lynas’ ASX announcement dated 18 December 2012.
There remains no injunction or stay preventing Lynas from continuing to carry out its operations at it.
Get our daily investorintel update
InvestorIntel is a trusted source of reliable information at the forefront of emerging markets that brings investment opportunities to discerning investors.