Lynas Corporation (ASX: LYC, OTC: LYSDY) has been granted a trading halt by the ASX pending an update concerning the 'independent technical review' of the company's plant in Malaysia.
Lynas earlier in the month updated the market on the plant, known as Lynas Advanced Materials Plant (LAMP), which is currently under construction in the Gebeng Industrial Estate, near Kuantan, Malaysia.
The company said in the first week of June, the IAEA concluded the independent expert mission to Malaysia to review radiation safety at the LAMP.
The ten member review team held technical meetings as well as numerous sessions to gather public views and hear concerns about the facility.
The team also met Lynas project staff and visited the construction site during the week-long mission, which was carried out at the invitation of the Malaysian Government.