SYDNEY (April 9): Lynas announces it sees value in operating alternative cracking and leaching processing close to resource, and primary locations considered for growth are in Western Australia, the co. says in a filing.
* Co. says preference has been to add to Malaysian capacity, not replace it
** Notes that Malaysian cracking and leaching operation are performing very well as result of IP team has developed and owned
** Co. says it remains committed to Malaysian economy and protecting jobs; well placed to deal with any change in Malaysian government policy
* Co. says at this time no decisions have been made, but events of past few weeks means co. is accelerating this work