Lynas holds fire on Malaysian production

Group says it will hold production at current level until rare earths market improves.

Lynas Corporation Ltd will continue to hold production at its Malaysian mine at phase one levels until the rare earths market improves, the company said as it reported June quarter production.

In a statement to the Australian Securities Exchange, the company said it produced 144 tonnes on an REO equivalent basis at the project after commencing commercial production in the June 2013 quarter.

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