Kuantan water supply not sufficient for LAMP operations. The construction of another water storage pond clearly demonstrates Lynas has zero confidence this issue will be rectified any time soon.
Not only does the company have to contend with the ongoing Malaysia political circus but now one of the main reasons and benefits for building LAMP in Malaysia is hindering operations. Add to that the ongoing condisoil saga and personally it doesn't inspire much confidence.
"The Malaysia Effect". (TME)
Good to see REO sales are strong though.
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