Fuziah apparently remembers NC's promise like it was yesterday:
In addition, as noted in Lynas’ ASX announcements dated 28 August 2012 and 5 September 2012, and in accordance with the undertakings given to the AELB at the time of receipt of the TOL, Lynas will ensure that all residue material that is the source of concern to the Malaysian public will be converted into co-products, and exported from Malaysia if the co-products are not approved for use in Malaysia and an acceptable location for the Permanent Disposal Facility is not approved.
The co-products must be in a form acceptable for international markets and in accordance with all Malaysian regulations and international conventions.
Did Lynas do an analysis of how the "total export" of residuals would impact its bottom line before (or after) making such an offer?
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