Parliament Caucus on Monitoring Lynas on hold

Lynas, which is facing a sharp slump in rare earths prices, has replaced its CEO Eric Noyrez and says it expects to finally reach its targeted rate of 11,000 tonnes a year by the end of June.

KUALA LUMPUR: The proposed setting-up of Parliament's Caucus on Monitoring Lynas has been put on hold. 

"The setting-up of the Caucus on Monitoring Lynas needs to be studied further for it to be considered in the next Parliament meeting as there are other caucuses that have yet to be finalised," the Parliament Select Committee Special Statement stated when tabled in Parliament today. (Dec 4).