- Malaysian Prime Minister Mohamad says Lynas (OTCPK:LYSCF) will be allowed to keep operating its rare earths processing plant in the country, ending months of uncertainty over the future of the company's $800M plant.
- "We will allow Lynas to carry on because otherwise we are going to lose a very big investment from Australia," Mahathir says.
- Lynas shares are pulling back after surging to five-year highs over the potential disruption to global supply chains if China withhold its rare earth supplies in its trade dispute with the U.S.
Lynas OK to continue running Malaysian rare earths plant, PM says
Recommended For You
About LYSCF Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
LYSCF | - | - |
Lynas Rare Earths Limited |