First Phase Of Lynas Materials Plant To Run At Full Capacity By Year-end

Posted on September 26, 2013 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

KUALA LUMPUR, Sept 26 (Bernama) — Lynas Malaysia Sdn Bhd has target the first phase of its advanced materials plant in Kuantan, Pahang, to operate at full capacity by year-end.
Vice-President and Managing Director Datuk Mashal Ahmad said only then would the company begin to record positive returns as right now the plant was currently at a ramping up stage and production value was still negligible.
“Right now, we are producing only for customer certification test.
“Until we come to a stage where all this is settled, only then can we go full steam ahead and see changes in our revenue,” he told reporters after delivering a lecture on “Rare Earth: Towards a Greener Future” here Thursday.

http://www.bernama.com.my/bernama/v7/bu/newsbusiness.php?id=980787