State governments have been reminded to comply with the implementation of a moratorium on the export of non-radioactive rare earth elements, which came into force on January 1.
Today, the world's largest producer of rare earths outside China said its sales fell 51.7% to A$112.5 million in the three months to December 31, from A$232.7 million in the same period the year before.
Australia-based Lynas Rare Earths is planning to shut its operations in Malaysia by the end of the year, except for a mixed rare earth carbonate processing plant.
Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil
