Lynas Corporation Limited (ASX: LYC) has announced that the company’s project to build a Rare Earths processing plant in Kalgoorlie has been awarded Lead Agency status.
- As Lead Agency, the Department of Jobs, Tourism, Science and Innovation will provide Lynas with project advice as well as assistance with managing and coordinating approvals within the project’s timeframes;
- The Kalgoorlie plant is expected to be operational in early 2023;
- It’s expected to create 500 jobs
At AEST 01:04 PM, the stock was trading at $2.400 per share, up by 0.418% from its previous close.