Malaysians lose bid to halt rare earths plant | Inquirer News

Malaysians lose bid to halt rare earths plant

/ 02:22 PM November 08, 2012

KUALA LUMPUR, Malaysia— Malaysian activists have lost a court battle to halt Australian miner Lynas Corp. from firing up a controversial rare earths plant amid safety concerns.

After months of delay, Lynas Corp. in September obtained the Malaysian government’s approval to start processing rare earths crucial for manufacturing high-tech products.

But villagers took the case to court, calling for Lynas’ operating license to be suspended until the court rules on the case.

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Coalition leader Tan Bun Tet says the court ruled Thursday in the company’s favor, paving the way for the miner to start operations immediately.

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He says they will appeal the decision.

Company lawyers didn’t immediately comment.

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The 2.5 billion ringgit ($818 million) refinery is to be the first in years outside China, which has restrictions on rare earth exports.

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TAGS: Lynas Corp., Malaysia

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