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By Rishav Chatterjee
(Reuters) - Shares of Lynas Rare Earths hit their highest in over a month on Wednesday, extending gains, after Malaysia allowed the miner to operate its flagship refinery locally with a variation to the operating licence.
Shares jumped as much as 5.6% to A$7.2 as of 0229 GMT, hitting highest since Sept. 19 and putting the company on track to sit among the top 10 gainers in the ASX 200 benchmark index.
The government of Malaysia said on Tuesday it will allow Lynas Malaysia...
>>> Read more: Rare-earths miner Lynas jumps as Malaysia allows key plant extension
(Reuters) - Shares of Lynas Rare Earths hit their highest in over a month on Wednesday, extending gains, after Malaysia allowed the miner to operate its flagship refinery locally with a variation to the operating licence.
Shares jumped as much as 5.6% to A$7.2 as of 0229 GMT, hitting highest since Sept. 19 and putting the company on track to sit among the top 10 gainers in the ASX 200 benchmark index.
The government of Malaysia said on Tuesday it will allow Lynas Malaysia...
>>> Read more: Rare-earths miner Lynas jumps as Malaysia allows key plant extension
