I agree with your assessment. Lynas has invested a lot in the Malaysian operation but it's just the first baby step. I feel we should continue to operate LAMP there but the magnitude of the mistake made building in Malaysia is clear. The growth potential for a cutting edge RE production company is huge. Lynas possesses valuable knowledge and world class physical resources . Lynas will continue to grow with the demand for RE products. In time, the Malaysian plant will be closed down as more profitable production facilities are constructed in a country that is pro growth and green technology. IMO, most of the Lynas story will be written in WA, not Malaysia.
Lynas receives ISO certification, page-22
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$7.14 |
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