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KUANTAN: Fears of residents over the emission of radiation from industrial waste produced by a company at the Gebeng industrial site here subsided after a series of dialogues organised by the company and the state development agency.
MELBOURNE: Rare earths explorer, Lynas Corp Ltd, the parent company of Lynas Malaysia Sdn Bhd, has raised about A$170mil (RM515mil) from the retail component of its A$450mil capital raising.
PETALING JAYA: Australian rare earths producer Lynas Corp Ltd has announced it will issue A$450mil worth of shares to institutions and individual investors to raise funds to complete the construction of plants in Australia and Malaysia.
KUANTAN: An Australian-based mineral exploration and chemical processing company here is working with two public universities to find out how to convert industrial waste into useful products.
SYDNEY An Australian miner says a Chinese company has called off a multimillion-dollar investment after a government panel barred it from acquiring a majority stake.
CANBERRA (Reuters) - China's efforts to gain a greater stake in Australia's resource industry suffered a new setback on Thursday when a Chinese miner dropped a $400 million bid for a controlling stake in an Australian rare earths miner.
SYDNEY: Chinese state-owned firms expanded their footprint in Australia's mining industry yesterday, agreeing to help fund two iron ore explorers in return for supply contracts and taking a controlling stake in a uranium prospector.
PETALING JAYA:b/b>Australia-based Lynas Corp Ltd expects to resume the construction of its RM1.2bil lathanide plant in Kuantan by as early as September if the Australian government approves the entry of a new major shareholder from China into Lynas Corp in the next three weeks.
KUALA LUMPUR: Lynas Malaysia Sdn Bhd is expected to resume its RM1.2bil lanthanides processing plant in Gebeng, Pahang as soon as new investments from a Chinese company are approved by Lynas shareholders.
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