Lynas-Siemens JV to source materials from Gebeng plant
KUALA LUMPUR, July 7 (Bernama) — Australian’s Lynas Corporation Ltd, which signed a letter of intent with a unit of Siemens today to form a joint-venture company for magnet production, will source raw materials for the partnership from its Gebeng rare earth plant in Kuantan.
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Call to reverse Bombardier decision
The Government will be urged to reverse the “disastrous” decision to award a lucrative rail contract to German giant Siemens, which has led to the loss of 1,400 jobs at a rival firm.
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