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Topic - Lynas Corp.
Malaysian activists lost a court battle Thursday to halt Australian miner Lynas Corp. from firing up a rare earths plant that has sparked health and safety concerns.
Australian miner Lynas Corp. says it has secured the Malaysian government's approval to fire up a controversial rare earths plant.
Australian miner Lynas Corp. has failed to secure a court order preventing Malaysian activists from criticizing its plan for a rare earths plant.
Malaysia on Wednesday granted a license for an Australian mining company to operate the first rare earths plant outside China in years, despite public protests over fears of radioactive contamination.
Malaysia said Friday the International Atomic Energy Agency has appointed a nine-member team to help the government probe whether a rare earth refinery being built by Australian miner Lynas Corp. carries any threat of radioactive contamination.
China resumed exports to Japan of rare earth minerals crucial in high-tech manufacturing after a two-month de facto ban and a Japanese conglomerate announced a major supply deal with an Australian miner that will reduce dependence on Chinese production.
China's recent halt of exotic metal shipments to Japan amid a diplomatic spat has reverberated throughout the world's high-tech manufacturing hubs _ now on heightened alert to the risks of relying on one country for materials that do everything from helping hybrid engines run to creating the color red in televisions.