Lynas
(ASX:LYC) Malaysia has today filed an appeal to the Atomic Energy Licensing Act 1984 in respect of the decision to impose a new condition on the renewal of their operating licence.
The new condition requires the export of Lynas Malaysia’s Water Leach Purification (WLP) residue out of Malaysia before 2 September 2019.
Lynas Malaysia continues to operate on a business-as-usual basis, and production has recommenced following the temporary halt in December 2018.
Shares in Lynas
(ASX:LYC) closed 0.98 per cent higher at $1.55 yesterday.