Corporate Office
Telephone:
+61 2 8259 7100
Level 7
Facsimile:
+61 2 8259 7199
56 Pitt Street
Website:
Sydney NSW 2000
ACN:
009 066 648
AUSTRALIA
Page 1 of 2
FOR IMMEDIATE RELEASE
Works Approval Received for Mount
Weld Concentration Plant
The WA Department of Environment and Conservation (DEC) has issued the Works
Approval for the concentration plant for the Mount Weld Rare Earths project
yesterday.
The Works Approval application was lodged following the sanction
of the
Environmental Impact Assessment and relates to the commencement of the actual
construction of the concentration plant.
Executive Chairman, Nicholas Curtis informed the site had been cleared and tenders
had been received for an early works package that consists of site preparation for
building works and of which two contractors for the contract had been shortlisted.
“As contractor schedules have indicated a construction period of eight months
– as
opposed to the initial plan of
12 months, it is anticipated this contract will not be
awarded until September,” Mr Curtis says.
Commencement of building works in October will enable commissioning of the plant
to occur on the schedule previously announced, which is mid of 2009.
Corporate Office
Telephone:
+61 2 8259 7100
Level 7
Facsimile:
+61 2 8259 7199
56 Pitt Street
Website:
Sydney NSW 2000
ACN:
009 066 648
AUSTRALIA
Page 2 of 2
About Lynas Corporation
Lynas owns the richest deposit of Rare Earths, also known as Lanthanides, in the
world at Mount Weld, near Laverton in Western Australia. This deposit underpins
Lynas’ strategy to create a reliable, fully integrated source of Rare Earths supply from
the mine through to customers in the global Rare Earths industry.
The first mining campaign is now complete. Lynas has received all environmental
approvals to build a concentration plant at Mount Weld and an Advanced Materials
Plant to process the Mount Weld concentrate through to final Rare Earths oxides in
the Gebeng Industrial Estate, Kuantan, Pahang, Malaysia. The company plans to
become the benchmark for security of supply and a world leader in quality and
environmental responsibility to an international customer base.
‘Rare Earths’ is the term given to fifteen metallic elements known as the lanthanide
series, plus yttrium. They play a key role in green environmental products, from
energy efficient compact fluorescent light bulbs (CFLs) to hybrid cars, automotive
catalytic converters and wind turbine generators. They are also essential in the
development and manufacturing of many modern technological products, from hard
disc drives to flat panel displays, iPods and magnetic resonance imaging (MRI)
scans.
For further information please contact Nicholas Curtis on +61 (0)2 8259 7100 or
NEWS 
