LYC 0.72% $6.89 lynas rare earths limited

News: LYC UPDATE 1-Malaysia says Lynas' license could be revoked if it fails to comply with curbs, page-47

  1. 663 Posts.
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    I agree to a point

    Kal cracking & leaching important & allows compliance with new LAMP licence conditions which 99.99% will not be overturned in court despite attempts by AL

    The lingering problem in Malaysia will be clean up of existing low level radioactive waste - further conditions likely to be imposed penalizing Lynas if clean up not undertaken within some unreasonable politically motivated timeframe

    LAMP should continue to operate & LYC needs to dedicate funds to clean up in Malaysia & possible decommissioning of LAMP once Texas operational & WA or another location determined for additional processing or expansion of Texas

    Too many games, political posing & corrupt influences in Malaysia with governments not genuinely supportive or appreciative of LAMP
 
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