LYC 2.72% $7.14 lynas rare earths limited

waste not want not, page-12

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    This from PSC Report: Enquiries on #Lynas project & feedback by the relevant Authorities from Gov of West Australia: Issue 9

    Issue9
    The possibilities of memorandum of understanding (MOU) in the near future and further collaboration between the Atomic Energy Licensing Board (AELB), MOSTI with Government of Western Australia in this kind of activities. Who is the appropriate entity or relevant authority that AELB can engage in this matter when dealing under this cooperation in short and long-term activities.

    Authority
    Yes, the Government of Western Australia will be very please to engage and collaborate with AELB of Malaysia in the near future since Western Australia did similar MOU with Indian Government before for similar activities. It is possible by seeking the approval of the Federal Government of Malaysia with State Government of Western Australia. Thus, it can be done through Australian High Commission in Malaysia in cooperation with Ministry Of Foreign Affairs Malaysia, with the State Government of Western Australia. Probably at this point of time and in the short-term, DEC is the most appropriate authority to be the focal point to address these matters, so that they can disseminate the inquiry to other relevant authorities in
    Western Australia.
    On the other hand, the Malaysian authorities through AELB can engage with DEC either to come to Western Authorities to have clarification or endorsement with the relevant authority on the same issues.
    The answer was provided and confirmed by Mrs. Sonia Grinceri, Assistant Director, International Trade and Investment, Resources and Industry Development, Department of State Development

    ---
    Worst case scenario, IMO W.A accepts residue
 
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