Lynas Corporation Stock Continues To Sink; Spotlight Moves To Links With Previous Government

Australian rare earth miner, Lynas Corporation dropped to new lows as Malaysia issues dominate the Company’s outlook.
Lynas Corporation’s links to the former Malaysian government are expected to be put under the spotlight, with the nation’s new parliament expected to delve into decade-old matters including the awarding of a tax holiday to the rare earths producer in 2008
The review has not been formally announced, but is likely to be led by the company’s long-standing opponent Fuziah Salleh, the Australian Financial Review has reported.
The tax holiday is set to be reviewed next year.
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