FIRB Approval - Investment by Sojitz and JOGMEC
Filed with ASX · · 2 pages · English
Summary by 6ix AI
The filing reports that the Australian Foreign Investment Review Board has approved investments in Lynas by Sojitz Corporation and JOGMEC, confirming a 'no objection' letter for the proposed investments. The remaining conditions for these investments are expected to be satisfied soon, as outlined in previous announcements. Lynas is positioned to become a leading supplier of Rare Earths, with significant operations planned in Australia and Malaysia.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Lynas Rare Earths Limited on 6ix
Earlier from Lynas Rare Earths
- Siemens / Lynas Joint Venture for Magnet Production
- IAEA Report Released
- Construction Standards - Malaysian Plant
- Conditions Precedent Satisfied - Sojitz / JOGMEC Facilities
- Chinese Rare Earths Export Quota - H2 2011
Later from Lynas Rare Earths
- Appendix 5B for period ending 30 September 2010
- Rare Earths Prices Update
- Resource Estimate Increase - Heavy Rare Earths
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