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News: LYC Lynas Corp Updates In Relation To Permanent Disposal Facility

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    Jan 30 (Reuters) - Lynas Corporation Ltd (LYC) :

    • PERMANENT DISPOSAL FACILITY (PDF) FOR WLP RESIDUE IN MALAYSIA
    • UPDATES IN RELATION TO PERMANENT DISPOSAL FACILITY
    • STATE GOVERNMENT OF PAHANG HAS ISSUED ITS CONSENT TO A SITE FOR PDF FOR WATER LEACH PURIFICATION RESIDUE
    • APPOINTED GADING SENGGARA AS CONTRACTOR TO MANAGE ENTIRE PDF PROJECT
    • EXPECTS SITE WILL BE SUITABLE AS LOCATION OF PDF
    • US DOLLAR AMOUNT OF ESTIMATED TOTAL AMOUNT TO BE PAID TO GSSB FOR MANAGING ENTIRE PDF PROJECT IS US$98 MILLION
    • DEPOSITED A TOTAL OF US$50 MILLION IN CASH AND BANK GUARANTEES WITH AELB
 
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