News Headline Summary

Lynas (LYC AT) confirms Malaysian appeal dismissed

Says:

- No injunction or stay preventing Malaysia operations.

Update details:

- Earlier in the session, Co. understands persons associated with Save Malaysia Stop Lynas group have brought another application to Kuantan High Court seeking to challenge the process involved in issuance of Lynas' temporary operating licence.

Reaction details:

- Co. shares immediately moved higher by 8.78% following this headline.

Print 04:22, 19 Dec 2012 - Asian News - Source: Newswires