SYDNEY (Dow Jones)--The first production by Australian rare earths miner Lynas Corp. (LYC.AU) will be pushed back as much as six months, the company said Monday, amidst strident opposition to its Malaysia-based processing plant.
In a quarterly report, Lynas said it would start supplying customers in the first half of 2012. In the previous report in July, the company had expected first production by the end of 2011.
"Slight delays in final procurement packages and associated delays in construction and contractor resourcing means it is likely that first feed to kiln will not occur until early 1Q 2012," the company said.
"Subject to the receipt of the pre-operational license, Lynas confirms its expectation to be in commercial supply during 1H 2012," it said.
In a quarterly report, Lynas said it would start supplying customers in the first half of 2012. In the previous report in July, the company had expected first production by the end of 2011.
"Slight delays in final procurement packages and associated delays in construction and contractor resourcing means it is likely that first feed to kiln will not occur until early 1Q 2012," the company said.
"Subject to the receipt of the pre-operational license, Lynas confirms its expectation to be in commercial supply during 1H 2012," it said.
-By David Fickling, Dow Jones Newswires
