Lynas Corporation: Maylaysian Court Update
April 22, 2013 (Source: Lynas Corp) — Lynas Corporation (ASX:LYC, OTC:LYSDY) is pleased to announce that the Federal Court, which is the highest Court in Malaysia, has upheld the earlier decisions of lower Courts to dismiss an application by persons associated with the Save Malaysia Stop Lynas group (“the Applicants”) for an injunction against Lynas’ Temporary Operating Licence (“TOL”). The Applicants’ appeal was dismissed with costs.
Lynas is also pleased to announce that the Court of Appeal has confirmed the earlier decision of the Kuantan High Court to approve Lynas’ application to be joined as a party to the judicial review proceedings in the Kuantan High Court. Those judicial review proceedings are expected to be heard by the Kuantan High Court during 2013.
Both of these successful decisions related to the second legal challenge referred to in the Lynas Quarterly Activities Report dated 19 April 2013.
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