Lynas lands credit for processing plant

LYNAS Corporation has landed an 85 million Malaysian Ringgits ($A29.5 million) revolving credit line to fund the working capital requirements for its rare earth production plant in Malaysia.

Lynas lands credit for processing plant Lynas lands credit for processing plant Lynas lands credit for processing plant Lynas lands credit for processing plant Lynas lands credit for processing plant

The company said late today it had secured the credit facility from the Malaysian branch of Southeast Asian banking group OCBC Bank.

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