Clear as mud?
So, Lynas made a commitment to remove the WLP residue from Malaysia. No mention of co-products made from the WLP residue. However, I believe Lynas will export co-products made from WLP residue.
Lynas converting all residues into co-products is not a condition of the TOL. Lynas has always stated that the will convert all residues into co-products.
So from my understanding,
Lynas will convert all residues into co-products.
If Lynas are unable to convert all residues into co-products, all residues must be stored in a PDF. Lynas has 10 months to find a suitable location for the PDF and submit plans of the PDF.
If Lynas can not find a suitable location for a PDF, and if Lynas are unable to find any other use for the residue. Lynas must export all residue back to source. This is a worst case scenario.
The 4 Ministers recent statement has confused the matter. They have decided to include the removal of co-products without an adequate explanation of the the finer details, if any.
I have read all information regarding Lynas on the AELB website, and at no stage have I ever found anything that comes remotely close to suggesting Lynas must export all co-products.
If the co-products comply with Malaysian regulations, why would Lynas not be able to sell them in Malaysia?
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