LYC 0.66% $6.06 lynas rare earths limited

protest to commence on the 20th may to embassy, page-27

  1. 3,499 Posts.
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    sohoisnotforsale ,

    I am Project Engineer/Chemical Engineer by trade and currently i am working for a Canadian Oil and Gas company in Australia.

    We build oil and gas equipment and i work for the business development section of the company and so i have to prepare alot of bids for my company in order to win contracts.

    The number factor ONE for all our customers (BHP,Woodside, Origin Energy) by far is HOW MUCH IS COST. My client want to seem like they are giving Australian companies a FAIR chance by asking me to go out for quotation from Australian manufacturing companies as well as overseas competitors and By far the cheapest quotes i am getting is from Malaysia,Korea and Thailand. The Australian companies here CAN NOT compete at all. We save money by contracting all our manufacturing work in Malaysia because its cheaper by 60% with the same quality of workmanship.

    A well qualified Australian Engineer working in Australia command a 6 figure salary about 100K Australian dollars while a similar skilled engineer with the same skill only ask for a 20K salary in Malaysia.

    Now if you are a business man and you have to choose an engineer to work for your company with the same skillS with the Malaysian Engineer want 20K and Australian Engineer wants 100K OF COURSE you choose the Malaysian Engineer.

    Its the ready supplies of CHEAP chemicals Malaysia Provides PLUS on top the Labour is Educated and CHEAP.

    So honestly i don;t know why you find it so hard to understand? Am i missing something here. I know you are a Intelligent guy come on please this is business 101.
 
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