"piping material selection and associated engineering and design in the LAMP comply with international standards and the engineering makes appropriate allowances for the function required of each pipe."
http://www.lynascorp.com/Announcements/2011/Lynas_Response_to_NYT_Article_300611.pdf
After that pretty definitive statement, which many here have been working off, I believe Lynas owe investors a lot more in the way of explanation than the vague references in the last Q report.
Cost?
Responsibility, internal/external? Recourse?
Timeline, when was it apparent/when will it be rectified?
Is Ph2 the same construction?
Impact/credibility re customers?
Hopefully this is not a major issue, as many here suggest, but why then have Lynas demonstrated such a lack of transparency?
"factually incorrect", page-14
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