LYC 0.29% $6.92 lynas rare earths limited

experts opinions on the lynas rare earth, page-5

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    Our taxes at work, email to ARPANSA:

    "Dear Sir/Madame,

    I am concerned that Dr Peter Karamoskos has been identified as your representative at a recent seminar in Malaysia regarding the Lynas rare earth refinery project.

    Was Dr Peter Karamoskos officially representing ARPANSA at this seminar and did ARPANSA provide financing, either in part or whole, to facilitate his attendance?

    At http://aliran.com/15658.html he is quoted: “Dr Peter Karamoskos, a nuclear medicine physician and radiologist and public representative on the Radiation Health Committee of the Australian Radiation Protection and Nuclear Safety Agency (Arpansa), explained to the audience how international radiation safety standards are set and promoted. He commented, “The International Atomic Energy Agency (IAEA) acknowledges that radioactive waste poses a threat to human health and therefore must be managed properly in a scientifically sound manner. We cannot determine if a project is safe until there is transparency both at the company and the governmental levels. In the case of Lynas, the lack of transparency is a major problem. Malaysia really has to make sure its regulation is implemented to prevent any runaway risk to the public for many generations to come.””

    Given Dr Karamoskos is identified as an ARPANSA representative I would ask if he has read the IAEA report on the June 2011 review of the Lynas processing facility and accepts or rejects the conclusions? http://www.iaea.org/newscenter/news/pdf/lynas-report2011.pdf

    Specifically the following recommendations:

    1. The AELB should require Lynas to submit, before the start of operations, a plan setting
    out its intended approach to the long term waste management, in particular management
    of the water leach purification (WLP) solids after closure of the plant, together with a
    safety case1
    in support of such a plan. The safety case should address issues such as:
    (a) Future land use (determined in consultation with stakeholders);
    (b) The dose criterion for protection of the public;
    (c) The time frame for the assessment;
    (d) Safety functions (e.g. containment, isolation, retardation);
    (e) The methodology for identification and selection of scenarios – this must include
    the scenario in which the residue storage facility at the Lynas site becomes the
    disposal facility for the WLP solids;
    (f) Any necessary measures for active and/or passive institutional control.
    As the safety case is developed, the radiological impact assessment (RIA) for the
    facility as a whole should be updated accordingly.
    2. The AELB should require Lynas to submit, before the start of operations, a plan for
    managing the waste from the decommissioning and dismantling of the plant at the end
    of its life. The RIA and decommissioning plan should be updated accordingly.
    3. The AELB should require that the results of exposure monitoring and environmental
    monitoring once the plant is in operation be used to obtain more reliable assessments of
    doses to workers and members of the public, and the RIA updated accordingly. The
    AELB should also require that dose reduction measures be implemented where
    appropriate in accordance with the international principle of optimization of radiation
    protection.
    4. The AELB should develop criteria that will allow the flue gas desulphurization (FGD)
    and neutralization underflow (NUF) residues to be declared non-radioactive for the
    purposes of regulation, so that they can be removed from the site and, if necessary in
    terms of environmental regulation, controlled as scheduled waste.
    5. The AELB should implement a mechanism for establishing a fund for covering the cost
    of the long term management of waste including decommissioning and remediation.
    The AELB should require Lynas to make the necessary financial provision. The
    financial provision should be regularly monitored and managed in a transparent manner.
    6. For regulating the Lynas project, the Malaysian Government should ensure that the
    AELB has sufficient human, financial and technical resources, competence and
    independence.
    7. The AELB and the relevant Ministries should establish a programme for regularly and
    timely updating the Regulations in accordance with the most recent international
    standards. In particular, regulations pertinent to NORM activities relevant to the
    proposed rare earths processing facility should be considered to be updated.
    Public communications recommendations
    8. The AELB should enhance the understanding, transparency and visibility of its
    regulatory actions in the eyes of the public, particularly those actions related to
    inspection and enforcement of the proposed rare earths processing facility.
    9. The AELB should intensify its activities regarding public information and public
    involvement. In particular, it should:
    (a) Develop and make available easily understandable information on radiation safety
    and on the various steps in the licensing and decision making processes;
    (b) Inform and involve interested and affected parties of the regulatory requirements
    for the proposed rare earths processing facility and the programme for review,
    inspection and enforcement;
    (c) Make available, on a routine basis, all information related to the radiation safety
    of the proposed rare earths processing facility (except for security, safeguards and
    commercially sensitive information) and ensure that the public knows how to gain
    access to this information.
    10. Lynas, as the party responsible for the safety of the proposed rare earths processing
    facility, should be urged to intensify its communication with interested and affected
    parties in order to demonstrate how it will ensure the radiological safety of the public
    and the environment.
    Follow-up recommendation
    11. Based on recommendations 1–10 above, the Government of Malaysia should prepare an
    action plan that:
    (a) Indicates how the above-mentioned recommendations are to be addressed;
    (b) Sets out the corresponding time schedule for the actions;
    (c) Is geared to the possibility of an IAEA-organized follow-up mission, which will
    review the fulfilment of recommendations 1–10 above in, say, one to two years’
    time, in line with other IAEA review missions.

    Before attending the 24th Nov 2013 seminar organised by two Malaysian protest groups, SMSL & Himpunan Hijau, and making the attributed comments did Dr Karamoskos consult with both the AELB & Lynascorp to gain a current understanding of the levels of compliance with the IAEA recommendations in order to present a balanced view?

    As a Lynascorp shareholder I am particularly concerned at your representatives comment “We cannot determine if a project is safe until there is transparency both at the company and the governmental levels. In the case of Lynas, the lack of transparency is a major problem.” when there appears to be considerable information in the public domain suggesting Lynas has complied with all the relevant recommendations above.

    In light of your representative’s comments I would ask you to review the current state of compliance and either qualify the “lack of transparency” or withdraw the comment.


    PS: You may also note that the IAEA report appears greatly at odds with most of the findings of other panellists, particularly the radiation levels as determined by Gerhard Schmidt, Oeko Institute."

 
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