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clock Created with Sketch. 26/04/23
09:52
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Originally posted by ContraryJ:
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EddieB And Weehawken. "Lynas Corporation CEO and Managing Director, Amanda Lacaze, commented: “We thank the AELB for its decision to renew the operating licence for three years. This follows Lynas Malaysia’s satisfaction of the licence renewal conditions that were announced on 16 August 2019. We reaffirm the company’s commitment to our people,97% of whom are Malaysian, and to contributing to Malaysia’s Shared Prosperity Vision2030.“ Over the past eight years we have demonstrated that our operations are safe and that we are an excellent Foreign Direct Investor. We have created over 1,000 direct jobs, 90% of which are skilled or semi-skilled, and we spend over RM600m in the local economy each year. We also confirm our commitment to develop our new Cracking & Leaching facility in Kalgoorlie, Western Australia. We thank the Australian Government, the Government of Japan, the Government of Western Australia and the City of Kalgoorlie Boulder for their ongoing support of our Kalgoorlie project"
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Called negotiations, ask for the world, so to speak, settle somewhere in between, ie extend C&L for another another 3 years with KAL C&L feeding both Lamp and the US plant when it comes on line.
(20min delay)